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.
Metro UK
- Entities
- Component Shortage
- Microsoft
- Sony
- Ninja Theory
- Nintendo Switch
- Layoffs
- Activision Blizzard
- DoubleFine
- Hardware Sales
- Hideki Yasuda
- PlayStation 5
- Profitability
- Xbox Series X
- Xbox Series S
- Nintendo
Original source
This article was reported and published by Metro UK. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.