Xbox has not been smart to fully invest in since 2013, and Microsoft is smart to dwindle on cutting costs, it took until Starfield’s middling reception for them to accept that.
Honestly all the news coming out of Xbox sounds like they are playing their cards incredibly well. Microsoft Gaming will be the #1 gaming publisher for a long time to come, especially once Xbox takes the backseat. Even after that, they will sell consoles, but this time purely for profit and probably retain 10 million or so of their hardcore base, tons of money to still be made.
I would’ve told them to give up, but they stuck around and invested, it will pay off tenfold. 80+ billion dollars of assets were never about pumping into their dying brand, but about re-entering the market with a less risky, less competitive approach. People shit on Phil & co but honestly I see the vision.