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HomeBusinessWhy Microsoft is Killing the Video Game Business

Why Microsoft is Killing the Video Game Business

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The gaming world is on fire. Microsoft Corporation (MSFT) Nasdaq announces   the  Xbox Series X will be four times as powerful as its predecessor, the Xbox One X. It will  now   support an 8K resolution with  a frame rate of 120 frames per second (FPS). Xbox Elite Wireless Controller Series 2 will include adjustable-tension thumb sticks, shorter hair trigger locks, a  wrap-around rubberized grip, and  re-engineered components.

  • PC Magazine gives the X Box Series X and 4.5 excellent star rating.
  • Microsoft Cloud Strength Drives Third Quarter Results

REDMOND, Wash. – April 29, 2020 –  Microsoft Corp. today announced the following results for the quarter ended March 31, 2020, as compared to the corresponding period of last fiscal year:

May videogame sales jump 52% as lockdown rally rolls on

Source:  https://seekingalpha.com/news/3582675-may-videogame-sales-jump-52-lockdown-rally-rolls-on

Top Institutional Holders

Holder   Shares   Date Reported   % Out       Value

Vanguard Group, Inc. (The)                   640,172,572               Mar 30, 2020           8.44%       100,961,616,330

Blackrock Inc.         517,578,906               Mar 30, 2020           6.83%       81,627,369,265

State Street Corporation                             314,771,248               Mar 30, 2020           4.15%       49,642,573,522

FMR, LLC                           237,892,832               Mar 30, 2020           3.14%       37,518,078,534

Price (T.Rowe) Associates Inc           172,056,401               Mar 30, 2020           2.27%       27,135,015,001

Top Mutual Fund Holders

Holder   Shares   Date Reported   % Out       Value

Vanguard Total Stock Market Index Fund                           214,894,399               Dec 30, 2019             2.83%       33,888,846,722

Vanguard 500 Index Fund                       152,413,277               Dec 30, 2019             2.01%       24,035,573,782

SPDR S&P 500 ETF Trust 79,853,096                     Feb 28, 2020             1.05%       12,937,000,082

Vanguard Institutional Index Fund-Institutional Index Fund                     68,989,633                     Dec 30, 2019             0.91%                               10,879,665,124

Fidelity 500 Index Fund 67,304,337                     Jan 30, 2020               0.89%       11,457,217,287

CWEB.com is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, CWEB.com relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

 

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