Is Xbox Series S sold at 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.

Is the 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.

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.

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.

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

Why do consoles sell 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.

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.

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 should I sell my Xbox Series S for?

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).

Which consoles are loss leaders?

Gaming consoles, such as the Xbox 360/PlayStation 3 or Xbox One/PlayStation 4, are often initially sold as loss leaders. This helps assert market share for the console, which enables the creation of a development ecosystem for games.

Is console gaming declining?

Newzoo's newest report reveals that global consumer spending for PC and console gaming declined by 2.2%, totaling $92.3 billion in 2022.

Are console sales dropping?

Newzoo recently released its latest report on the console and PC gaming market, which shows that revenue declined by 2.2% last year. However, the report stipulates that this is likely the market stabilizing once more following the pandemic-fueled growth in 2020 and 2021.

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.

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.

Is the Xbox Series S worth upgrading to?

Basically, though, the Xbox Series S will provide an improved experience across the board, just not at a 4K UHD resolution. The SSD speeds alone make the Xbox Series S a far better experience than the Xbox One X, and the massively boosted CPU leads to higher frame rates in most games.

Is the Xbox Series S cheaper?

The Xbox Series S is a smaller, sleeker console than the full-featured Xbox Series X. While it's not quite as powerful as the Series X, the Series S has a nearly identical library, and is optimized to run games on 1080p or 1440p displays. It's also considerably cheaper, making it an excellent starter console.

Can I trade in my Xbox One S for a Xbox Series S?

Use trade-in cash to upgrade to a new Xbox Series S

Get the products you want for less from Microsoft Store. Just trade in an eligible device and use the cash toward your next Xbox console.

What is the disadvantage of Xbox Series S?

However, things aren't the same with the Xbox Series X/S. If you can only afford the Series S, you may be disappointed. It has less RAM and storage than the Series X, can only achieve 1440p as opposed to 4K, runs the processor slower, and only plays digital games.

Is it worth buying Xbox Series S in 2023?

In short, we'd only recommend buying an Xbox One in 2023 if you can find it used for a huge discount and don't plan to upgrade for years. Otherwise, the matching prices and enhanced power of the Series X|S make the newer systems a much better choice. And if you already have a solid PC, go for that instead.

Is Series S better than PS5?

Verdict. Out of the two consoles, the PS5 is the one to go for if performance is a priority for you. It features more storage space and a more powerful GPU, making it the better option in terms of graphics. However, the Xbox Series S should not be passed over just because it's not as powerful.

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.

Who sold more Xbox or PS4?

The PS4 has sold 115.79 million units lifetime, the Switch 88.14 million units, and the Xbox One 50.19 million.

What sells more Xbox or PlayStation?

That generation currently stands at 117 million PS4s to an estimate of anywhere from 51-58 million Xbox Ones sold, based on analyst guessing.