Gaming Is Critical For Microsoft’s Future, Says Microsoft CFO

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For Nintendo, gaming is the only thing they do. For Sony, gaming is one of the many things they do, but it is definitely their most profitable venture. For Microsoft, gaming is one of many things they do, and a drop in the bucket as far as finances go. That is why many people expect gaming to be a side hobby for the company, and one that could be dropped by it at any point, especially if the going were to get unnecessarily tough for them in that field- which it has been over the last few years.

However, speaking at Microsoft’s Financial Analyst Briefing 2017, Chief Financial Officer Amy Hood reiterated that gaming is absolutely critical to Microsoft’s business and the future it envisions for itself. Not only that, but it is a profitable venture for Microsoft, too, thanks to revenues from subscriptions to Xbox Live, and the like.

This at least explains Microsoft’s move towards games as a service model- and while gaming remains important to the company, the question of whether or not dedicated consoles are in Xbox’s future beyond the Scorpio is something that remains to be answered. Microsoft will remain engaged in gaming in the long term, there is little to no doubt of that, now- but will it remain invested in the dedicated consoles business? Or will it transition entirely to games as a service? That remains to be seen.

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Related Forum: Xbox Forum

Source: http://gamingbolt.com/gaming-is-critical-for-microsofts-future-says-microsoft-cfo

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"Gaming Is Critical For Microsoft’s Future, Says Microsoft CFO" :: Login/Create an Account :: 9 comments

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DusknoirPosted:

How is Gaming their future when they are a PC monopoly on their own.

IlcamorristaPosted:

Why are Microsoft worrying? Trust me E3 will make them the elite.

plebPosted:

Mikey
GrandmaArchy It's already confirmed by Microsoft insiders that there will be more consoles by them after Scorpio


If this is the case, the Scorpio is gonna be my last console i buy cus i know its going to be like $600 or even more


the scorpio was going to be cheap I thought

TOXICPosted:

GrandmaArchy It's already confirmed by Microsoft insiders that there will be more consoles by them after Scorpio


If this is the case, the Scorpio is gonna be my last console i buy cus i know its going to be like $600 or even more

SkatesPosted:

I miss the 2007 Halo 3 days.

XboxPosted:

Please stay console Microsoft you guys are doing a great job.

GrandmaArchyPosted:

It's already confirmed by Microsoft insiders that there will be more consoles by them after Scorpio

RuiPosted:

Personally i would like them to do a interactive TV as that would be a great combo for the gaming systems themselves...

16Posted:

"especially if the going were to get unnecessarily tough for them in that field- which it has been over the last few years."

if they were to drop it, Microsoft stock and revenue would die out extremely quick. It is their main financial income, and audience.