Is the Xbox Series S sold at a loss?

Like other Xbox models, the Series consoles are sold at a loss. Xbox Series X and Series S consoles are sold at a loss between $100 to $200 per console, according to Phil Spencer

Phil Spencer

Phil Spencer is an American business executive and the CEO of Microsoft Gaming. He is currently the head of the Xbox brand and leads the global creative and engineering teams responsible for gaming at Microsoft.

https://en.wikipedia.org › Phil_Spencer_(business_executive)

Phil Spencer (business executive) - Wikipedia

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Is Series S sold at a loss?

Speaking at the WSJ TechLive event on 26th October, Xbox head Phil Spencer admitted its Xbox Series X/S consoles are sold at a loss, with the expectation that revenue will be made up elsewhere on accessories and games.

Did the Xbox Series S sell well?

XSX|S Vs.

In the last 12 months, the Xbox Series X|S has grown by 0.78 million units. The Xbox Series X|S is currently ahead by 1.13 million units. The Xbox Series X|S has sold 20.36 million units in 26 months, while the Xbox One sold 19.23 million units.

Are Xbox consoles sold at a loss?

During the WSJ Tech Live event, Spencer revealed that each Xbox console that is sold nets a loss of up to $200 per console. Spencer went on to describe consoles as a business model. "Consoles evolved to a business model much different from phones where consoles are actually sold at a loss in the market," said Spencer.

How much money does Microsoft lose on Xbox Series S?

Relying on add-ons to make money.

Xbox boss Phil Spencer has said Microsoft loses between $100 and $200 on every Xbox Series X and S sold.

I Sold My XBOX SERIES S & Here's Why

How much does Xbox lose per console sold?

According to Microsoft Gaming CEO Phil Spencer, Microsoft loses as much as $200 on every Xbox it sells. According to CNBC's writeup of a recent WSJ Tech Live event, Spencer disclosed that Microsoft subsidizes the production cost of a new Xbox by about $100 to $200 per console.

How many Xbox Series S sold as of today?

Xbox Series X/S has sold 18.5 million versus PS5's 30 million, analysis firm estimates | VGC.

Which consoles are loss leaders?

Microsoft isn't the only console manufacturer to go with a loss leader. Sony's PlayStation has been a well-known loss leader for many years, for the same reasons as Microsoft. However, Nintendo apparently bucks the trend, and the Nintendo Switch and its various models are profitable.

Why are Xbox sales declining?

Xbox content and services revenue overall was down 12%, with Microsoft attributing the dip to a few factors: decreased spending on first-party content, lower monetization in third-party content, and a strong prior year comparable.

Why are most consoles sold at a loss?

Companies might sell the consoles at a loss initially to lure customers, gaining market share from competitors. The strategy looks to make up for any lost revenue by selling games and online subscriptions.

Why is Series S so popular?

The Series S Is Ideal for Both Casual and Serious Gaming

If you are a hardcore gamer, then despite lacking 4K output and a huge amount of storage space, the Series S still offers current-gen gaming, so you can enjoy the titles you decide to play without a marked depreciation in quality.

What's so special about Xbox Series S?

Games load significantly faster with the custom SSD in the Xbox Series S. More playing, less waiting. With Quick Resume, you can seamlessly switch between multiple different titles and resume instantly from where you left off. "The most affordable and efficient next-generation machine."

What sold more PS5 or Xbox Series S?

The PlayStation 5 has sold 30.47 million units in 26 months, while the Xbox Series X|S sold 20.36 million units. The PlayStation 5 has a 59.9 percent marketshare (-0.7% year-over-year), compared to 40.1 percent for the Xbox Series X|S (+0.7% year-over-year).

What should I sell my Xbox Series S for?

Do pawn shops take Xbox Series S?

Pawn Xbox Series X/S & Its Accessories for Fast Cash

Take the time to bring your Xbox in to our pawn shop in its best possible condition. Have all of the accessories and power cords with you when you come in. If you still have the box the Xbox came in, and/or your sales receipt, bring them as well.

Is the Xbox Series S the best selling console?

We do know for certain, however, Xbox Series X|S remain the fastest-selling Xbox consoles of all time.

Who sold more PS5 or Xbox?

Microsoft and Sony are playing different games. Xbox may be losing the battle on hardware sales, but it's continuing to position itself to win the war – or, at least, to win an entirely different battle. Recent reports indicate that Xbox Series X|S sales are lagging behind the PS5's by approximately 12 million units.

Is console gaming declining?

According to the report, there were 1.1 billion PC players and 611 million console players in 2022. The 2.2% decline was mostly due to a 4.2% drop in the console gaming market, as the PC games market increased by 1.8%.

Why is Xbox not making more consoles?

It's that demand is exceeding the supply for all of us,” Xbox head, Phil Spencer said in a New York Times interview. “At this point, we've sold more of this generation of Xboxes, which is Xbox Series X and S, than we had any previous version of Xboxes.”

What was the worst selling console?

Atari 5200

The console sold only a little over a million units.

What console gets hacked the most?

Xbox users are most likely to get hacked (86%), fall victim to email phishing scams (76%), and risk using possibly unsafe cheat codes (64%). Xbox users have the worst security habits while gaming: They were often the least likely to take security precautions to prevent cyber breaches when compared to other users.

What is the slowest console?

Nintendo's Wii U, presently the slowest video game console when it comes to opening and closing apps — possibly in the history of video game consoles — was apparently just doused in heavy water vapors. No really, check out the video above. You know how the Wii U can't turn on a dime or a quarter or a semi-sized hubcap?

Why is Xbox Series S sold out everywhere?

One of the reasons for Xbox Series X and Series S stock shortages is due to scalpers snapping up large amounts of next-gen consoles in one big sweep and then selling them for extortionate prices; we're taking thousands of dollars for a $499 games console.

Why Xbox Series S is out of stock?

The Xbox Series X stock shortage has a few causes, all working together to make it fairly difficult to pick up a new console. Chip shortages across the tech world have slowed production on everything from consoles to mobile phones due to the pandemic.