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Xbox Console Sales Continue To Crater With Massive 42% Revenue Drop - Slashdot
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this post was submitted on 01 Aug 2024
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Well... could it be that they saturated?
I mean, the consoles been out for a while, I suspect at this point everyone remotely interested has one?
That'd make sense, but that's still a negative sign, as PS5/Switch have yet to meet saturation.
Thing is, they don't need to sell consoles anymore. They're in the gamepass business now. This is why they're pushing gamepass on phones, PCs, Samsung TVs and Firesticks. They don't really care about selling you a box under the TV anymore since they're usually sold at or near a loss anyway. They just want you on the subscription wherever you can play it.
They currently have roughly 34 million subscribers (as of February, I'm guessing Activision Blizzard King is going to bump this number up further), let's assume an average of $12 a month. That's over $400 million coming in every month or 1.2 billion every quarter on the books. They don't have to rely on a big game to have a good month.
You're more valuable to them having the gamepass subscription and just playing on your phone over someone who buys a console and purchases 7 or 8 games a year. Articles like this fundamentally misunderstand the current gaming landscape and their business model. They're not losing the race, they're playing a different sport.
I think I'll just stick to playing retro games in emulators for free without a subscription. Sure I miss out on the latest and greatest games, but graphics aren't everything to me, the gameplay is more important to me. Plus, I really despise having to have subscriptions for everything. If Game Pass works for people, more power to those gamers, but I'm tired of giving what little income I have to billion dollar companies. /rant