If Microsoft chooses to make games like COD, DOOM, Elder Scrolls, etc. console exclusives, then Microsoft has a pretty significant advantage in the West (not sure if this will make a significant difference in Asia outside of maybe COD, since PS has a bigger presence in that region compared to Microsoft and Nintendo is a dominant force in Korea, Taiwan, and Japan compared to the other two). If Microsoft chooses to allow COD to remain multiplatform, I'm not sure how much being in Microsoft's corner will suddenly get consumers to come back to their side after leaning towards PS4 for their COD fix. I guess, in a way, if the acquisition helps build their Game Pass subscriptions and such, Microsoft can build some significant revenue.
In regards to hardware sales, I can't really tell. Mainly because I don't know how Microsoft will use these IPs. People are speculating getting Crash and Spyro new games or a new Diablo or getting Overwatch 2 back on track. But how long would those projects be done by to make it work out for Xbox Series? How many of these potential projects be console exclusives or multiplats? Hard to tell from both the short- and long-term.
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