"We will not live on past successes or be trapped by past failures" – Xbox CEO outlines priorities to turn platform around in FY27
Xbox CEO Asha Sharma has outlined a new strategy focused on a console-led approach, global franchises, and enhancing Minecraft as a creator platform to drive growth. Despite a significant revenue decline last year, Sharma expressed confidence in returning the platform to growth by the end of fiscal year 2027 by investing in player-valued experiences. Microsoft CEO Satya Nadella also commented on the need for necessary decisions, including layoffs and studio divestments, to ensure long-term growth.
- Entities
- Game: Minecraft
- Company: Microsoft
- Person: Satya Nadella
- Topic: Business Strategy
- Topic: Franchise Management
- Company: Xbox
- Topic: Platform Growth
- Person: Asha Sharma
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