Microsoft (NASDAQ: MSFT) is racing to expand its massive gaming platform in the face of growing competition from Google and Amazon, as well as the upcoming console battle with Sony (NYSE: SNE), notes Loup Ventures.
The research company says that MSFT gamers will also be first set with its Xbox strategy, including having new games released in the coming years will be available on both the Xbox One and the upcoming Series X. Notably, all titles from Xbox Game Studios launched in Xbox Game Pass and Halo Infinite will establish itself as a live service game with a free multiplayer feature. Prices are also being watched hard by Redmond.
“Although a price point has not yet been announced for the Series X, we expect the price of the console to be favorable for gamers. The company can endure as long as possible before sharing a price, as they want to match Sony’s Prices for PlayStation 5. With the latest generation of consoles, Microsoft is fighting with consumers over its higher price point of $ 100. For the upcoming launch, Microsoft can use its cloud business to subsidize the hardware costs for gamers, something that Sony can not do.
On the fundamental side of things, Microsoft scores a Quant Bullish rating of Very Bullish and is the third highest ranked stock in the information technology sector out of 518 names.
Microsoft is one of the shares named in Seeking Alpha’s Catalyst Watch for next week.
