Xbox still not making a profit on console sales despite price rise says report
A report indicates that Microsoft's Xbox Series X/S consoles continue to be sold at a significant loss, even after a recent price increase. Component shortages, particularly for RAM, have driven up costs, with Microsoft reportedly losing around $150 per unit sold. This contrasts with Sony's PlayStation 5, which has been profitable since 2021, and Nintendo's Switch, which traditionally sells hardware at a profit, though it also faces increased costs.
- Entities
- Topic: Component Shortage
- Company: Microsoft
- Company: Sony
- Company: Ninja Theory
- Platform: Nintendo Switch
- Topic: Layoffs
- Company: Activision Blizzard
- Company: DoubleFine
- Topic: Hardware Sales
- Person: Hideki Yasuda
- Platform: PlayStation 5
- Topic: Profitability
- Platform: Xbox Series X
- Platform: Xbox Series S
- Company: Nintendo
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