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Xbox spent $75 billion buying activision-blizzard, an acquisition which is very far away from making its money back, so price hikes were inevitable to cover the
by jack_tripper 10mo ago
Xbox spent $75 billion buying activision-blizzard, an acquisition which is very far away from making its money back, so price hikes were inevitable to cover the massive money hole that left.
Of course this price hike is inevitably dragging Xbox brand into the hole long term, but those in charge of the price hikes probably expect not to be around when that happens,.
- abrouwers 10mo agoI don't think the price hikes have been received terribly well - their Ultimate game pass service is now $30 a month (in the US), which seems to be pricing out a lot of their members. It now makes a lot more sense for many to just buy games outright.
- PunchyHamster 10mo agoWhich would be fine if acquisitions they made made some great games instead of just... okay to kinda bad. Hell, even Call of Duty somehow underperformed
- jack_tripper 10mo ago>I don't think the price hikes have been received terribly well What did I say?
- abrouwers 10mo agoSorry, it wasn't clear if you were suggesting raising prices was an effective way to recoup the cost of the acquisition. When I wrote my comment, only the first half of yours was showing up.