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ktay95 said:

Why would I assume that though, instead of say money. I mean if theres no splitscreen people are more likely to buy a 2nd XBO and copy of Halo 5.
If it was a performance thing then they are lazy, Ive seen other devs in the past sacrafice resolution and fps while playing splitscreen so why cant they??

I agree that it is most likely a bogus argument but 343i has stated that they want to maintain 60fps in multiplayer aswell, and therefore skipped splitscreen.