Microsoft CFO Tim Stuart has defined why the PlayStation vs. Xbox console gross sales battle 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 trying past PlayStation vs Xbox {hardware} efficiency
Talking on the latest Wells Fargo 2023 TMT Summit (by way of GameSpot), Stuart stated that {hardware} gross sales not mirror how the Xbox model is doing total. Microsoft stopped saying console gross sales fairly some time in the past, whereas Sony and Nintendo proceed to reveal this info to buyers and most of the 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 unnecessary,’” Stuart recalled the conversations surrounding Xbox’s determination to cease saying {hardware} gross sales. “Nevertheless 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 quite a lot of years now — most just lately throughout its authorized battles towards regulators who wished to stop its acquisition of Activision Blizzard. The corporate additionally stated that Xbox’s future is determined by Recreation Cross’s progress, highlighting its want to accumulate content material.