Microsoft-Connected Media Talking About XBox Division "Profit Margins" is Distraction From XBox Sales Collapsing 70% in One Year
6 days ago: (what Microsoft dreads more people might see)
Hours ago: Microsoft XBox Losing Money, Layoffs and Studio Shutdowns (As Well as Price Hikes) Not the Solution
Microsoft, the circular financing (read: accounting fraud*) giant, wants us to think Microsoft's XBox is making money rather than losing money. It found some media operatives to help shift focus or alter the discussion.
The simple fact is, Microsoft's console is dead in the water. It'll be officially dead soon and there will be more mass layoffs. █
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* Not only Microsoft does this.
5 days ago: Circular economy of hype: Inside AI’s self-financing machine ("When Oracle Corp. announced a multi-hundred-billion-dollar computing deal with OpenAI last September, its stock jumped 30-40 percent in a single day. The $330 billion leap in market value was larger than Oracle’s total revenue for the previous decade. The company later admitted it would lose money on the contract.")
8 days ago: Should U.S. be worried about AI bubble? ("The issue is that someone has to incur the fixed cost of the buildout today for the potential of long-term profit in the future. That long-term profit is hypothetical and has not been realized yet. The companies leading this buildout have taken on significant debt alongside unprecedented levels of equity financing.")