Why Microsoft is Killing the Video Game Business

 

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

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