Microsoft Misses Xbox Game Pass Subscriber Target For Second Year

[CoolinInTheCut]

These bozos thought they were gonna see 73% growth in subscribers in a year with Halo Midfinite and no 1P games in 2022

Instead they only saw 28% growth You know Satya Nutella mad asl since this was part of his executive performance incentive

Article:

Microsoft misses Xbox Game Pass subscriber growth target again

Game Pass growth is the only gaming metric tied to the CEO's pay.

www.axios.com

Subscriber growth for Microsoft's all-you-can-play Game Pass subscription service fell far short of an annual company target tied to CEO Satya Nadella's pay, according to a new financial filing.

Why it matters: The strength of Game Pass has long been used to measure Microsoft's success in disrupting the gaming industry.

• It's also become central to discussions about whether regulators should approve the company's $69 billion bid for Call of Duty maker Activision Blizzard.

Details: Microsoft targeted a 73% growth rate for Game Pass for its fiscal year ending June 30, 2022, as part of performance incentives for Nadella and other top executives. But the service only achieved 28% growth.

• That's two misses in a row. The company also failed to hit the executive pay Game Pass target last year, after exceeding it in 2020.
• Microsoft doesn't publicize actual Game Pass subscriber target counts, but it said in the filing that its Xbox division has delivered "over 25 million Game Pass subscriptions."

Between the lines: In an interview yesterday at a Wall Street Journal tech conference, Microsoft's head of gaming, Phil Spencer, framed Game Pass as profitable but limited.

• It accounts for 10%-15% of the company's content and services revenue (which includes gaming) and is "profitable for us," he said.
• In remarks transcribed by The Verge, Spencer said Game Pass growth was "incredible" on PC but had slowed down on console, "mainly because at some point you’ve reached everybody on console that wants to subscribe."
• Game Pass' growth might also be stalled due to a lack of available major releases. In the last two years, Microsoft has published few big exclusive games, especially compared to rivals Sony and Nintendo — neither of which bundle new releases into their subscription offerings.

 

[Pull Up the Roots]

Good. The gaming industry would be better off if these game rental services failed.

 

[MeachTheMonster]

Video game writing and sony stan’s are dumb case number 752,233,001.

They didn’t “expect” 73%

73% was the upper limit tied to exec bonuses. An exorbitant number they knew probably wouldn’t be hit.

They still received bonuses for the 28% which is a very respectable growth number for a subscription service.

 

[Rekkapryde]

Xbrehs coming to juelz in 5...4....3....2....

 

[The Mad Titan]

Don't understand what you are posting while trying to get jokes off brehs

 

[Fatboi1]

I was about to write some shyt but was like nah lemme boot up COD instead.

 

[Koba St]

Bu bu why doesn’t Sony copy Gamepass which is very successful and is making billions for Microsoft

 

[CoolinInTheCut]

They didn’t “expect” 73%

Imma let you tell it

https://www.sec.gov/Archives/edgar/data/789019/000119312522270484/d318171ddef14a.htm

Page 51 - FY22 Target / Actual: 72.88% / 28.07%

 

[rdj]

Welp I guess its over, it was fun while it lasted.

 

[MeachTheMonster]

Imma let you tell it

https://www.sec.gov/Archives/edgar/data/789019/000119312522270484/d318171ddef14a.htm

Page 51 - FY22 Target / Actual: 72.88% / 28.07%

Don’t understand WTF you are even talking about brehs

That’s for bonuses.

Why would a company pay a “bonus” for expected results?

“Bonus” literally means “something welcome and often unexpected that accompanies and enhances something that is itself good:”

28% growth is good. If they get 28% growth every year, gamepass will out revenue the rest of the gaming market in just a couple years.

 

[ColdSlither]

Bu bu why doesn’t Sony copy Gamepass which is very successful and is making billions for Microsoft

Because Sony is in the business of making money.

 

[CoolinInTheCut]

Don’t understand WTF you are even talking about brehs

That’s for bonuses.

Why would a company pay a “bonus” for expected results?

“Bonus” literally means “something welcome and often unexpected that accompanies and enhances something that is itself good:”

28% growth is good. If they get 28% growth every year, gamepass will out revenue the rest of the gaming market in just a couple years.

Xbox Stans

 

[Legal]

Bonus incentive or not, 73% is fukking AGGRESSIVE.

 

[iceberg_is_on_fire]

Bonus incentive or not, 73% is fukking AGGRESSIVE.

73% is pie in the sky shyt. The average large company grows 4-7% annually for example. That never had a chance in hell of succeeding. 28% is fabulous.

 

[MeachTheMonster]

k

Xbox Stans

Change in number of Netflix users in the U.S. 2016 | Statista

The statistic shows the change in the number of Netflix users in the United States in 2015 and 2016, and provides a forecast for the period 2017 to 2020.

www.statista.com

Netflix ain’t never sniffed 28% growth. Let alone 73%

As usual you jumped out the window with your sony stan shyt, but you’ve only proven you have an extreme lack of understanding about any of this shyt.

You sought out to disparage gamepass, but all you’ve really announced is that it’s a healthy subscription service that enjoyed 28% growth in a year light on content.

If Gampass grew 28% in 2022, imagine what it will do in the future when games like COD and Starfield drop.

Sony ain’t crying and begging in court to stop gamepass for nothing