Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

(MSFT)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Microsoft : to Test New Videogame-Streaming Service

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/09/2019 | 09:58pm EDT

By Sarah E. Needleman

LOS ANGELES -- Microsoft Corp. said on Sunday it will begin publicly testing its new videogame-streaming initiative in October, just ahead of when Google's competing service is slated to launch.

At a press event Sunday before the game industry's annual E3 expo here, Microsoft said the test will enable people to stream any Xbox One game to a mobile device though it didn't say which ones.

Last week, Alphabet Inc.'s Google said it plans to launch a game-streaming service in November with roughly 30 games. It will be accessible on computers, laptops, TVs and its own Pixel 3 devices. Analysts said they were skeptical it would have a strong start because most of the games that will be available at launch are older. Google said it plans to add more games down the line.

At Microsoft's event, the tech giant showed off 60 games coming to its Xbox One system and Windows PCs, including more than a dozen exclusives from its own studios. It also said its next-generation console will come out in late 2020 and will include a custom-designed processor made in partnership with Advanced Micro Devices Inc. At the same time, it plans to release a new installment of its popular "Halo" franchise, the company said.

Microsoft also focused on the company's subscription services such as Game Pass and Xbox Live. But actor Keanu Reeves drew the biggest cheers when he appeared on stage to promote "Cyberpunk 2077," a new game he stars in from Polish game developer CD Projekt Red.

Sony Corp. isn't hosting a press event this year on the sidelines of the E3 expo, which officially kicks off Tuesday. The company told Wired magazine in April it is working on a new console to succeed the PlayStation 4 but didn't reveal a launch date or mention new streaming capabilities. Sony's PlayStation Now service enables streaming, though only with select older games.

Write to Sarah Needleman at Sarah.Needleman@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET 0.35% 1154.43 Delayed Quote.9.61%
MICROSOFT CORPORATION -1.41% 136.915 Delayed Quote.36.75%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MICROSOFT CORPORATION
01:35pMICROSOFT : Digital distribution centers — The future is here
PU
01:35pUPCOMING ON XBOX GAME PASS : ‘Metal Gear Solid V: The Phantom Pain,' &lsqu..
PU
11:45aMICROSOFT : You Spent $1,500 on Virtual Bazookas? Kids Are Splurging on Digital ..
DJ
07/15Target Corp. Hires New Tech Team SVP From Facebook
DJ
07/15China data steadies global stocks as U.S. earnings get underway
RE
07/15China data steadies stocks as U.S. earnings get underway
RE
07/15MICROSOFT : Photographer and digital artist up their game with Z by HP
PU
07/15MICROSOFT : ‘Gears of War' announces details for next season's Gears Espor..
PU
07/15MICROSOFT : Unilever's digital journey leads to real results for consumers and e..
PU
07/15Unilever Uses Virtual Factories to Tune Up Its Supply Chain
DJ
More news
Financials (USD)
Sales 2019 125 B
EBIT 2019 41 801 M
Net income 2019 35 457 M
Finance 2019 62 460 M
Yield 2019 1,30%
P/E ratio 2019 30,4x
P/E ratio 2020 27,2x
EV / Sales2019 8,02x
EV / Sales2020 7,17x
Capitalization 1 064 B
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Average target price 146,27  $
Last Close Price 138,90  $
Spread / Highest target 15,9%
Spread / Average Target 5,31%
Spread / Lowest Target -35,2%
EPS Revisions
Managers
NameTitle
Satya Nadella Chief Executive Officer & Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Jean-Philippe Courtois President-Global Sales, Marketing & Operations
Amy E. Hood Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
MICROSOFT CORPORATION36.75%1 060 534
ATLASSIAN CORPORATION PLC56.79%33 966
CADENCE DESIGN SYSTEMS INC.72.54%21 133
SPLUNK INC32.08%20 637
SYNOPSYS63.12%20 452
OKTA INC116.41%15 593