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Other revenues in the Sony Corporation’s Game & Network Services division that includes their Playstation VR unit increased 44% Q/Q, but fell 34% Y/Y in $US to $465M. It was the 1st quarter with revenues down Y/Y since Q3 of 2018. Operating margins in the Game & Network Services division were down for a second consecutive quarter.
Google’s first ever product keynote at GDC 2019, in San Francisco this week, hosted the announcement of its upcoming cloud-based game streaming service, Stadia. Integrated with the company’s existing cloud computing infrastructure, the service is being developed with the cooperation of major industry partners, including Epic Games and Ubisoft. This move leverages Google’s recent high profile hires from the games … Read More
When Phil Spencer, Executive President of Gaming at Microsoft, announced that Project Scorpio would become VR compatible, gaming and VR fans have been anticipating what the compatibility and ecosystem would look like. Will Xbox be Oculus Rift compatible? Or will Xbox become a part of the ever-growing Micorosft MR platform? Since that announcement, there have been doubts as time has … Read More
Highlights Sony executive says the PlayStation 4 is entering the final phase of its lifecycle With lower future unit sales growth, corporate operating results may be negatively impacted Sony plans to reinforce content IP in order to increase engagement with the PlayStation Network. Sony Corporation held its annual Corporate Strategy Meeting where company executives unveiled the corporate direction and mid-term strategy that charts … Read More
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