CONNECT WITH US
Gaming

Gaming

Xbox CEO Says Xbox Series X|S Is Supply Constrained, But Is It?

GameSpot logo

Published on

Add as a preferred source on Google
Xbox CEO Says Xbox Series X|S Is Supply Constrained, But Is It?

In the US, you can buy an Xbox Series X|S at Best Buy, Target, Walmart, and even on Xbox's own website. But Xbox CEO Asha Sharma claimed on X that "console sales remain constrained by supply" while discussing revenue decline for her division in the most recent financial quarter for Microsoft. 

To be clear, Sharma doesn't state in what markets or regions there are supply problems for Xbox Series X|S. Here's specifically what she stated on social media:

"In Q1, Xbox revenue declined 2% [year over year], compared with a 10% decline a quarter ago, while our accountability margin improved. Minecraft and WoW Forever set records, Call of Duty had its most acclaimed release in more than a decade, and our PC platform revenue grew double digits. Console sales remain constrained by supply, with more demand than consoles available. We're working to get more consoles into players’ hands, including through our expanded refurbishment program."

In June, Xbox chief strategy officer Matthew Ball also argued there was a supply-side issue with Xbox Series X|S. "We are producing them as quickly as possible," Ball said at the time. "These is a severe limitation to how quickly we can do that, but it’s not a question of appetite."

" In addition, Xbox Series X|S hardware sales continue to crater in the US , setting new record lows for Microsoft's gaming brand. This comes on top of Xbox increasing the cost of consoles again in August.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.