But there arent alot of people crying doom and gloom in this thread…. And so what if people were?
He cares, read this.
Gamepass subs increased from 18 million to 30 million from Jan 2021?
I guess they're exactly as gullible as the Take Two CEO. 🤷♂️ I think we all know that the Take Two CEO is pretty gullible and doesn't know a lot about business. Certainly not compared to the visionaries on NEOGAF DOT COM!www.neogaf.com
I would advise reading this thread (above) before engaging with people here. The disingenuous behavior on display here is staggering.
Reading through this and it's staggering how many people don't understand how percentages work and how they are used.
Should also clarify, that yes, the chart provided doesn't show completely comparable rates. Some are based on growth rate% and some are based on total revenue. I didn't specify that in my first post. What I was looking at was the Weight column primarily. Yes, the bonus is being paid out based on different targets from different divisions. Should have said that before, but again, I assumed people would see the differences in how they listed the figures.
You're probably right about that in terms of Sony and Nintendo, but Google and Amazon are just as sizable as Microsoft. They have just as much money to throw around. I don't see how that changes what I've been saying though.
. But they shoved Gamepass numbers to our throats instead.
Google and Amazon can't into gaming tho. They have no clue how the business works and entering the gaming industry as a platform holder is extremely expensive. Just look at how much Epic is struggling despite (technically) knowing what they're doing.
Nothing in Microsoft is completely isolated, that's been their core philosophy for literally decades. Full integration everywhere is not a Phil Spencer idea, it's been the company plan in every aspect of their business since inception.
He cares, read this.
Gamepass subs increased from 18 million to 30 million from Jan 2021?
I guess they're exactly as gullible as the Take Two CEO. 🤷♂️ I think we all know that the Take Two CEO is pretty gullible and doesn't know a lot about business. Certainly not compared to the visionaries on NEOGAF DOT COM!
I would advise reading this thread (above) before engaging with people here. The disingenuous behavior on display here is staggering.
Tell that to Phil and co. This is an internal document from Microsoft that they did before the launch of 2 consoles, xCloud and Bethesda. They thought it would be higher.
Derktron is the worst poster here. His whole post history is shitting on fanboys while he's the biggest of them all. All his posts are cringe.Your tone is quite different in comparison to the thread about 30M subs.
Gamepass subs increased from 18 million to 30 million from Jan 2021?
I guess they're exactly as gullible as the Take Two CEO. 🤷♂️ I think we all know that the Take Two CEO is pretty gullible and doesn't know a lot about business. Certainly not compared to the visionaries on NEOGAF DOT COM!
You might want to reassess your theory on who took an L.
Full integration wasn't there before Gamepass, though. That's why Xbox was in a weird spot for a couple years.
So it matters and doesn't matter at the same time? Not sure what you mean.
We're not talking raw numbers. We're talking company strategy.
calm down, your snake is getting a little slimy.Whats this nonsense? Every industry releases numbers. That's just how things work. I have been following the movie box office for almost 25 years now. Every weekend you get numbers. Hell, you used to get daily numbers. NPD numbers for the gaming industry have been a staple until recently. Even now Nintendo and Sony release sales numbers every quarter. That's just part of following an industry. You dont have to be an investor lmao. What are you new to forums?
MS had no problems releasing numbers when their numbers were going up from 10 to 15 then to 18 million. Now all of a sudden they are being shy. No. You have to take the good with the bad. Hollywood doesnt hide an underperforming movie. Netflix doesnt hide a bad quarter.
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Xbox Game Pass subscribers jump 50 percent to 15 million in less than six months
It’s another sign that Microsoft’s Game Pass bet is starting to pay off.www.theverge.com
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Xbox Game Pass subscribers hit 18 million
Microsoft’s gaming subscription service is steadily growing.
Each of those news stories created a thread here. We all participated and i highly doubt we all had MS stock.
I mean whats next? We are no longer going to discuss AMD and Nvidia sales figures because we are not investors? I was actually very close to buying up AMD and Nvidia stock a few years ago but chose to go with other tech stocks. So would I be allowed to comment on the matter if I owned their stock? Nonsense.
That hasn't stopped them from trying, has it?
Yeah I am fucking distraught that Phil might not have a bonus as fat as he thought.
so much i could dissect in this statement, whew.
If I read the paper correctly, they made projections for 2020 and 2021 in 2019. They overperformed 2020 and underperformed 2021. When you add the numbers up though, they pretty much exactly reached the two-year projection. I bet Satya and Phil are extremely concerned
Check the edit he did just befor being banned lol
You Xbox guys need to chill with those accusations on why people want Gamepass numbers.
MS are the ones who were consistent with disclosing those numbers to us so we got a habit of constantly being updated with those numbers. They were giving us the impression that this was the most important metric to them, not hardware or software sales. Consistency is key. We didn't ask for this information but instead, wanted actual hardware, software, and profits made, like the rest of their competition
So all of a sudden, when they stopped being consistent and they stopped updating the press on these Gamepass numbers, something tells me they are ashamed of these numbers now.
If they shared raw sub numbers, it would seem even less impressive to the average person, who doesn't grasp percentage metrics. When your growth rate slows so much in just one year, you're probably going to see the total "new sub" count drop as well. Now, this won't always be true, it would depend on the number you're starting at. It's possible to have a lower growths rate YOY and still have a higher number of new subs. It seems unlikely with that split though.You Xbox guys need to chill with those accusations on why people want Gamepass numbers.
MS are the ones who were consistent with disclosing those numbers to us so we got a habit of constantly being updated with those numbers. They were giving us the impression that this was the most important metric to them, not hardware or software sales. Consistency is key. We didn't ask for this information but instead, wanted actual hardware, software, and profits made, like the rest of their competition
So all of a sudden, when they stopped being consistent and they stopped updating the press on these Gamepass numbers, something tells me they are ashamed of these numbers now.
You can't just "add up" those percentages though. You would need to know the actual number of subs first, then figure out what the growth rate added each year. The most recent year figure is a more important number, because it represents a bigger total subscription base.If I read the paper correctly, they made projections for 2020 and 2021 in 2019. They overperformed 2020 and underperformed 2021. When you add the numbers up though, they pretty much exactly reached the two-year projection. I bet Satya and Phil are extremely concerned
I think so too; they projected some numbers in 2019. They didn't adjust projection because they all got over-bonused FY2020 anyways.If I read the paper correctly, they made projections for 2020 and 2021 in 2019. They overperformed 2020 and underperformed 2021. When you add the numbers up though, they pretty much exactly reached the two-year projection. I bet Satya and Phil are extremely concerned
The actual number of subs is irrelevant. You take any number X and apply the actual growth numbers and the projected growth numbers. Result is similar.
That same chart also shows projections though. You're the one who posted it. Look at the split columns. They say the projected/actual numbers right there.
It doesn't matter what the raw figure is because when using percentages it becomes relative.
Yes, after just one year, the difference will not show up as dramatically as it would over a longer timeline. When you're dealing with just 2 years, the % and the actual numbers can be close, but they're not the exact same, and the manner to calculate the numbers is not simply to look at the % and add them together. Yes, the figures can be close, but they're NOT the same.
Yes, I just said this in my last post. The figures may be close, because you are only looking at 2 years %. However, there IS a difference when you actually do the math. You just demonstrated the difference yourself. Just because the difference is negligible after one year is irrelevant to my point. You showed a real number difference when you figure the % correctly. Over time, that difference will show a more dramatic curve. In this case, if you invert the years for the 87% growth and the 38% growth, starting with a general number of 1,000,000, then yes, the figure will be very close, but not the same. Over time, you would see this reflected in the %.
But it isn't true that the Xbox division unperformed. They haven't reached their bonus projections, nothing else.
I have to ask, what do you think a projection is, other than "a target"? Because that's what they are. The top chart even shows how much he lost due to it not making the target. He lost over 17%No, it does not. It says "FY21 Target/Actual Achievement". The "target" is what is required for 100% payout. That is not a projection of anything.
I didn't say Xbox overall underperformed. But according to their projections, Game Pass did not meet their desired growth target YOY.
Think the argument that they are making is the targets for the exec bonuses are going to be different to internal targets, I could be wrong with their arguments so others, please do correct me.
I am getting slightly confused: y1 of 38% growth and y2 of 87% growth is exactly the same as y1 of 87% growth and y2 of 38% growth, right? That's true, no matter the y0 number.
Executive compensation targets are typically very aggressive and designed to push people who get these bonuses beyond typical growth projections. They're typically not the only bonus compensation executives get. They're missed quite often.
That's not true. They didn't meet the growth percentage that gave a bonus to the executives. Usually the actual growth target is less than that.
If I read the paper correctly, they made projections for 2020 and 2021 in 2019. They overperformed 2020 and underperformed 2021. When you add the numbers up though, they pretty much exactly reached the two-year projection. I bet Satya and Phil are extremely concerned
It's a goal that they work out with the board of directors/compensation committe. Their goal is always to increase their stock price, so these goals are based on that, like any other publicly traded company.
