Slashdot Mirror
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'.
Microsoft making game hardware is like Ford making refrigerators. Branching out is one thing, straying so far from your core competencies (i.e. what you are good at) in an industry plagued with losses is not smart for shareholders, yourself included. Microsoft is sitting on piles of your money, and they keep throwing it away on game consoles with no end in site. Sony lost $1B so far on the PS3. Microsoft loses that every year, year after year (approaching six years now)! I don't own any shares, but if I did I would want my share of Microsoft's profits in a dividend, not thrown away on a lost cause like Xbox. The cries to bail out will only get stronger as PS3 creeps up on Xbox360 in global sales...
JON