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POLITICO Get the Morning Tech newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by eBay With help from Alexandra S. Levine, John Hendel, Leah Nylen and Benjamin Din Editor’s Note: Morning Tech is a free version of POLITICO Pro Technology's morning newsletter, which is delivered to our subscribers each morning a...

Microsoft Says That It Has Never Made A Profit From Selling An Xbox Console While Microsoft may take a financial knock on each Xbox console sold, software sales offset the loss from hardware sales. Video game consoles have for many years been sold at a loss, and barring a few exceptions, that status quo of taking a hit on the hardware and making a profit on the software appears to be intact for the Xbox Series X. In the ongoing Epic Games vs Apple trial, Xbox business development vice president Lori Wright, a third-party witness, was questioned by Epic lawyer Wes Earnhardt as to how much mone...

It's all about the games and services on May 6, 2021, 6:15 9 comments What just happened? The Epic vs. Apple trial is giving us an unprecedented insight into the video game industry. In addition to some new revelations, it's also confirmed what we already knew: most consoles are sold at a loss. Xbox vice president of business development Lori Wright said that the division has never made a profit from sales of its hardware. Epic's lawyer Wes Earnhardt questioned Wright about the Xbox ecosystem and whether it made a profit through hardware sales. "How much ...

Xbox Vice President Confirms Microsoft Doesn’t Profit Over Console Sells / There are a few notable console platforms out there right now that has plenty of player’s interests. We’re in the latest generation of consoles for both Microsoft and Sony while Nintendo is still thriving over the Nintendo Switch hybrid console release. However, did you know that Microsoft is not making any profit over their consoles and that’s been the trend for this company. This news came out during a court hearing between Apple and Epic Games.  The news of Microsoft not earning any profit over their consol...

What you need to know More Microsoft insider info came to light today thanks to the Epic Games v. Apple trial. Microsoft has officially declared that it sells its Xbox consoles at a loss. As is typical in the industry, the company makes its money via software. More interesting Microsoft news has arrived thanks to the Epic Games v. Apple trial. As part of a line of questioning revolving around the differences between app stores on consoles versus mobile despite the fact that both take 30% revenue cuts (a contentious figure which is at the center of the entire Epic v. Apple trial), Microsoft's ...