You're assuming a steady rate of decline. NEXT.Even a sales curve for 2024 like
Q1: 800K
Q2: 800K (Microsoft expectations for next quarter hardware is ~$400M, an increase over last Q)
Q3: 1200K (Q3 always sees a jump for Xbox)
Q4: 2500K (A significant decline that would be catastrophic)
would equal 5.4M for the year. 6M for 2024 is going to be the floor.
A 35M LTD in 2024 would mean Xbox could see the following sales curve
2025: 5M
2026: 4M
2027: 3M
2028: 2M
for a LTD of 49M. That's assuming a steady decline every year that Microsoft doesn't respond to with either significant price drops or releasing next gen in 2026.
It would actually be a challenge Microsoft wants to accomplish to not hit 50M LTD.
For reference, Xbox Series shipments for 2020 - 2023 are roughly
2020: ~3.1M
2021: ~9.6M
2022: ~9M
2023: ~8M
so a million lost a year would put it over 50M in 2027.
Next gen for Xbox is either 2026 or 2028. If not 2026, 2028 is an entire 4 years from now. That's a long time to build up sales.
The drop is going to be precipitous and unsalvageable.