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Reading: The Demise of Xbox: Is the Gaming Giant Going Out of Business?
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Wowkia.com › News › The Demise of Xbox: Is the Gaming Giant Going Out of Business?

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The Demise of Xbox: Is the Gaming Giant Going Out of Business?

hanif
March 2, 2024 3:54 am
By hanif
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3 Min Read
What Are The Reasons Behind The Belief That Xbox Going Out Business
What Are The Reasons Behind The Belief That Xbox Going Out Business
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Is Xbox xbox going out of business? This is a question that has been raised by some individuals, and if you have recently invested $500 in an Xbox Series X, I know what you feel. However, what are the reasons behind the belief that Xbox is on the verge of shutting down?

There are rumors that Xbox may shut down due to games becoming available on PlayStation, and Microsoft has scheduled a meeting to address this speculation. There are also rumors that exclusive titles may be out on PlayStation.

What are the reasons behind the belief that Xbox going out business?

Xbox Going Out Of Business
Xbox Going Out Of Business

In brief, the answer is negative.

Those who are familiar with Sega’s history as a hardware developer understand that a company doesn’t simply give up on the hardware market after a couple of bad years. Sega continues to operate as a publisher and developer, indicating that Microsoft is unlikely to close down its Xbox division. It also seems impossible that Microsoft will stop producing hardware.

It looks like Xbox may be ready to move away from physical media with the potential leak of a disc-free Xbox Series X|S. Phil Spencer, the head of Xbox, has expressed his support for cloud streaming and the idea of making their games available on various platforms. Xbox Cloud Gaming currently requires a fast and dependable internet connection, but it already allows streaming of Xbox games on mobile devices.

It is important to note that, as proven in the recent legal battle between Apple and Epic, Microsoft sells its gaming consoles at a price lower than their production cost, just like most other console manufacturers. The company generates profit through subscriptions, game purchases, accessories, and similar sources.

I’m not fully sure that Starfield is the ideal game to begin with, especially until it receives a significant amount of new content. However, Microsoft has the potential to earn a substantial amount of money by bringing its “exclusive” games to the PlayStation 5. It’s worth considering the number of people who were upset when Microsoft acquired Bethesda and initially believed that The Elder Scrolls VI would only be available on Xbox.

There is speculation that Xbox may be facing financial difficulties due to rumors suggesting that they will be making former Xbox exclusives available on the PlayStation 5.

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