Next Gen Console Commentary
Today has seen a bit of commentary on each of the three next-gen consoles, all relatively positive. The PlayStation 3 has seen users for the PSN community crack the 1.3 million mark, according to Next Generation. If you enjoy the Wii's Virtual Console feature, Chris Kohler has you set up today with a rundown on every VC title rumored or released to date. Nintendo's consoles are selling pretty well, too. Microsoft has had something of a mixed day. On the one hand gamers can look forward to Beautiful Katamri coming to XBLA in the states. On the other, an investment adviser has called Microsoft's entire gaming business a 'disastrous endeavor'.
On the other, an investment adviser has called Microsoft's entire gaming business a 'disastrous endeavor'.
Most investment advisors (the ones with an "o", not the ones with an "e") are mad at Microsoft because they have little to no debt, a ton of cash, and a healthy but not spectacular dividend. Yet they remain a viable company, making money and what-not. It kills me how little room for innovation is allowed in what most financial people use to define a "success." Whether the gaming division has made money to date or not, and I'm no Microsoft fan, you have to admit that branching out into something other than purely software and gaining a market-leading position is a Good Thing in the long-term for the shareholders (like myself).