Microsoft (MSFT) Makes Minecraft A Cross-Platform Game
Zacks Investment Research | Sep 28, 2017 09:02PM ET
Microsoft Corp. (NASDAQ:MSFT) recently announced that its gaming console Xbox One has been upgraded with the “Better Together” update of the much in demand video game, Minecraft.
Per the update, all the different versions of Minecraft on PC, Xbox, iOS, and Android have been combined together. The game can now be played on different platforms including Xbox One, PC and VR headsets such as Samsung (KS:005930)'s Gear VR and Facebook’s (NASDAQ:FB) Oculus Rift.
However, the update will be adopted by Nintendo (OTC:NTDOY) Switch by the end 2017. Microsoft is reportedly working with Sony (NYSE:SNE) for upgrading Play Station 4 (PS 4) with the new version of Minecraft.
We believe this consumer friendly approach will not only be beneficial for the video game itself but also for console manufacturers as the holiday season nears.
Moreover, this paradigm shift opens up further collaboration possibilities between console manufacturers as well as cross-platform game developers, which will ultimately benefit the consumer.
Microsoft’s Position in the Console Gaming Market
We expect Microsoft’s upcoming gaming console Xbox One X – set to release on Nov 7 – to be a game changer. The company also recently announced record Zacks Investment Research
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