[Axios] Xbox content and services revenue grew by 0.7%, missing Nadella's target of 4.4% for 2023

[Gizmo_Duck]

Like we’ve all been saying subscription numbers are stagnating around the board in all media. Seeing Microsoft execs untethering themselves to subscription growth pretty much confirms it.

It also seeems like they are still missing revenue targets by a huge amount so it will be interesting to see where it is by the end of the gen and how aggressive price increases are gonna be.

Between the lines: Game Pass subscriber growth exceeded Nadella's pay target for the popular all-you-can-play service in 2020 but fell short the following two years.

• In 2022, the Nadella pay target called for 73% growth for Game Pass but it achieved growth of 28%.
• Microsoft said in January of last year that Game Pass had 25 million subscribers.

https://www.axios.com/newsletters/axios-gaming-64e9570e-2f97-4e8f-9e49-53673b3c221a.html

 

[MeachTheMonster]

Be Smart before you comment sony stan’s.

Be smart: Executive pay targets aren't an actual business plan. Nadella's goals don't necessarily indicate the numbers Microsoft needs its divisions to hit to be successful.

 

[Gizmo_Duck]

Be Smart before you comment sony stan’s.

Thread is not about nadellas paycheck, its about the business model

 

[MeachTheMonster]

Thread is not about nadellas paycheck, its about the business model

Executive pay targets aren't an actual business plan.

 

[levitate]

Sad!

 

[levitate]

All he has done is forced subscriptions on everything.

Literally no other innovation, just sales tactics.

 

[Pressure]

Thread is not about nadellas paycheck, its about the business model

Can’t be too bad, if Phil getting 10million and the ability to buy activision.

Nadella enjoyed a ten percent pay rise, taking home $54.95 million. Other executives got the same treatment, making at least $10 million after all of their compensations, such as bonuses and stock benefits, are taken into account.

 

[Pressure]

All he has done is forced subscriptions on everything.

Literally no other innovation, just sales tactics.

This is nonsense.

 

[Diondon]

2027. Tick, tick, tick

 

[Gizmo_Duck]

All he has done is forced subscriptions on everything.

Literally no other innovation, just sales tactics.

I think some of these big tech companies are going to learn that subscriptions aren’t the way forward for everything

 

[Black Mamba]

Xbox console going to die soon

 

[CoolinInTheCut]

Exclusives don't matter.
Console sales don't matter.
Executive KPIs don't matter.

What's next?

 

[Gizmo_Duck]

Exclusives don't matter.
Console sales don't matter.
Executive KPIs don't matter.

What's next?

Slowly veering into subscription numbers don’t matter lol

 

[Dorian Breh]

Sony stans aren't ready for what's coming. Microsoft is done playing nice. Any day now, the Xbox division is gonna be a $300 billion a year cash cow, with 1 billion subscribers. What will Sony do then???

 

[Loose]

Exclusives don't matter.
Console sales don't matter.
Executive KPIs don't matter.

What's next?

Keep this energy when sony miss those console projections for fiscal year, yall care too much about ceo pockets