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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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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