Microsoft brings four Xbox games to rival console makers Sony and Nintendo
Microsoft (MSFT) has announced that it will release four previously exclusive gaming titles for its Xbox consoles to rival console makers Sony (SONY) and Nintendo (NTDOY). The move is a shift in Microsoft's previous strategy and a push to end what has been seen as "console wars".
Lewis Ward, IDC Research Director of Gaming, joins the Live show alongside Yahoo Finance Tech Editor Dan Howley to discuss the latest development for Microsoft and what it could mean for the gaming sector moving forward.
Giving more detail on the announcement, Ward states: "I think there was a large share of Xbox players who were concerned that a lot of the crown jewels of the Xbox game studios are going to be eventually playable on Playstation 5, and so that was the thing that really caused a lot of consternation, let's say, among the Xbox fanbase. But Phil Spencer and company really tamped that down by saying, no, this is a limited approach that we're taking with four specific games that are a few years old at least. They are successful games... so the idea is to basically monetize a sunken investment at this point, and if they put it on PS5 and Switch, they're going to go to both by the end of this year, It's going to be... several million dollars more coming into the Xbox ecosystem."
#youtube #Microsoft #Xbox
About Yahoo Finance:
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Видео Microsoft brings four Xbox games to rival console makers Sony and Nintendo канала Yahoo Finance
Lewis Ward, IDC Research Director of Gaming, joins the Live show alongside Yahoo Finance Tech Editor Dan Howley to discuss the latest development for Microsoft and what it could mean for the gaming sector moving forward.
Giving more detail on the announcement, Ward states: "I think there was a large share of Xbox players who were concerned that a lot of the crown jewels of the Xbox game studios are going to be eventually playable on Playstation 5, and so that was the thing that really caused a lot of consternation, let's say, among the Xbox fanbase. But Phil Spencer and company really tamped that down by saying, no, this is a limited approach that we're taking with four specific games that are a few years old at least. They are successful games... so the idea is to basically monetize a sunken investment at this point, and if they put it on PS5 and Switch, they're going to go to both by the end of this year, It's going to be... several million dollars more coming into the Xbox ecosystem."
#youtube #Microsoft #Xbox
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
Видео Microsoft brings four Xbox games to rival console makers Sony and Nintendo канала Yahoo Finance
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