‘We Have To Turn This Into A Sustainable Business’ – Microsoft CEO Discusses Future Of Xbox
AI-summarised brief · reviewed before publication
Microsoft CEO Satya Nadella discussed the future of Xbox in a podcast event, highlighting the challenge of innovating in hardware and software in an economically viable way. He noted that despite investing heavily in Xbox over 25 years, the business is not yet sustainable and has been subsidizing entertainment. Nadella emphasized the need to turn Xbox into a sustainable business that delivers great games and hardware in an economically viable way. He also mentioned that Asha Sharma is taking a fresh look at the business over the next 100 days. The CEO addressed potential price increases and the impact of component shortages on the industry.
💡 Why It Matters
- · Nadella's comments underscore the pressure to monetize Xbox entertainment, as more revenue is generated from Xbox games on YouTube than at Microsoft.
- · His focus on sustainability hints at a potential shift in Xbox's business model.