Microsoft Explains Why PlayStation vs Xbox Is not a Factor Now

Microsoft CFO Tim Stuart has defined why the PlayStation vs. Xbox console gross sales struggle isn’t a factor for the corporate anymore. Microsoft beforehand conceded the {hardware} gross sales race, stating on quite a few events that it’s in third place.

Microsoft is wanting past PlayStation vs Xbox {hardware} efficiency

Talking on the current Wells Fargo 2023 TMT Summit (through GameSpot), Stuart mentioned that {hardware} gross sales not replicate how the Xbox model is doing total. Microsoft stopped asserting console gross sales fairly some time in the past, whereas Sony and Nintendo proceed to reveal this info to traders and most people.

“At first, it was like, ‘What are you doing?’ ‘You’re the Xbox enterprise, and also you’re not giving us console [sales numbers], that is senseless,’” Stuart recalled the conversations surrounding Xbox’s resolution to cease asserting {hardware} gross sales. “However it was actually the primary level of us saying, no, no, it’s about content material and companies.”

Microsoft has been stressing the significance of content material and companies for plenty of years now — most lately throughout its authorized battles towards regulators who needed to forestall its acquisition of Activision Blizzard. The corporate additionally mentioned that Xbox’s future depends upon Recreation Go’s progress, highlighting its want to accumulate content material.