Microsoft (MSFT) does an about-face, dropping the Xbox One's Internet verification requirements...


Microsoft (MSFT) does an about-face, dropping the Xbox One's Internet verification requirements and all of its used game restrictions. GameStop (GME) investors are very pleased, shares +7.8% AH. Microsoft's change-of-heart follows a major backlash from gamers (they were far from appeased by Redmond's initial response), and plenty of gamer enthusiasm being shown for the PlayStation 4 (SNE), both due to its lack of similar restrictions and its lower price.

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Comments (14)
  • Matt Jonza
    , contributor
    Comments (86) | Send Message
     
    Excellent decision by microsoft. I'm not much of a gamer myself, but all of my friends who are were pretty disgruntled.
    19 Jun 2013, 05:14 PM Reply Like
  • elsrmp56
    , contributor
    Comments (170) | Send Message
     
    Not a gamer but pleased MSFT has the flexibility to make changes when necessary.
    19 Jun 2013, 05:17 PM Reply Like
  • GregScotts
    , contributor
    Comments (140) | Send Message
     
    Flexibility?

     

    This is the flexibility of a drunk stumbling around a bar knocking over tables everywhere.
    20 Jun 2013, 06:25 AM Reply Like
  • Placebo Investment Advice
    , contributor
    Comments (4097) | Send Message
     
    The speculator shorts in GME can now look forward to increased Wall Street estimates and upgrades, a 52-week high breakout to inspire technical traders, & another round of short squeezing to force capitulation.

     

    That said, it's a sure thing that more negative articles will be dotting the SA and Fool websites in the next few days--all serving to provide more ammunition for the rolling rise in GME as the new console cycle approaches.
    19 Jun 2013, 05:19 PM Reply Like
  • rjgood
    , contributor
    Comments (233) | Send Message
     
    I love the new MSFT..."Microsoft Negotiator".

     

    This would have blown over for sure, but MSFT is smart by showing a heart. If corporate entities could have a heart, that is.
    19 Jun 2013, 05:23 PM Reply Like
  • Placebo Investment Advice
    , contributor
    Comments (4097) | Send Message
     
    This was not a move by McSoftee motivated by generosity. They were likely scared that they would see their gaming market crumble because of their rather arrogant attempt to bully the used game market. MSFT has been forced to back-peddle on their latest unforced error.
    19 Jun 2013, 05:32 PM Reply Like
  • Transcripts&10-K's
    , contributor
    Comments (1220) | Send Message
     
    Thankfully all those gamers will no longer have to waste their time complaining about this - back to COD!
    19 Jun 2013, 07:44 PM Reply Like
  • Justin Jaynes
    , contributor
    Comments (3155) | Send Message
     
    This is why I like MSFT - If only they would listen sooner though.
    19 Jun 2013, 08:06 PM Reply Like
  • JR Fruto
    , contributor
    Comments (8) | Send Message
     
    All MSFT needs to do now is match the Sony's price point by giving a non-kinect option that's priced at $399 and the preorders will match the PS3s.
    19 Jun 2013, 09:09 PM Reply Like
  • GregScotts
    , contributor
    Comments (140) | Send Message
     
    And then they need to upgrade the hardware.
    20 Jun 2013, 06:26 AM Reply Like
  • BroadStTrader
    , contributor
    Comments (5) | Send Message
     
    Straight from the MSFT Xbox One Blog:

     

    "These changes will impact some of the scenarios we previously announced for Xbox One. The sharing of games will work as it does today, you will simply share the disc. Downloaded titles cannot be shared or resold. "

     

    I understand the digital argument, it easier to download a game than go to the store. But, why would you download a game that you can not share or resell?

     

    MSFT caved today after hearing the "Feedback". That feedback was people want discs and the ability to buy used discs. If that feedback is so loud it can make a multi billion tech giant make a 180, it shows the demand for physical media.

     

    GME has a lot more to run seeing that there were twice as many shares available for GME during its last console peak. $350 m left on buybacks. Management returing 100% of FCF to stockholders. March 2014 CC dividend will be increased again.
    19 Jun 2013, 09:27 PM Reply Like
  • Chrishunet
    , contributor
    Comments (18) | Send Message
     
    Next stop for the XBOne: allow developers to self-publish their games to have a more rich ecosystem. However, this isn't a big concern to shareholders and won't really manifest itself that much in who does or doesn't buy Xbox One vs. Playstation 4.
    The Xbox One goal is to get in the living room, controlling the Media and use that leverage for further products/data gathering.
    19 Jun 2013, 09:51 PM Reply Like
  • Justin Jaynes
    , contributor
    Comments (3155) | Send Message
     
    Maybe if we all complain about it enough?
    19 Jun 2013, 10:01 PM Reply Like
  • GregScotts
    , contributor
    Comments (140) | Send Message
     
    This renouncement of these policies will never receive as much press attention as their original announcement. They will have to hope Sony messes up big before launch (entirely possible).

     

    The deeper concern here is that it shows just how out of touch Microsoft is with their customers. It was utterly absurd for them to think they could ever get away with this.

     

    Then again, this is the standard behaviour of a retarded corporation quickly heading into irrelevancy. (And it can't come soon enough.)
    20 Jun 2013, 06:22 AM Reply Like
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