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A few things Microsoft probably needs to do to turn around console sales, if they even care to do so:

1. A moratorium on xcloud rollout, diverting all of those chips back into Series X console production
2. A permanent price cut for the Series S to $250 at maximum, and ideally $225 or $200
3. A much more aggressive purchase order for slim refresh’s of the Series X and S


It remains to be seen how much they care however. I have speculated in the past about how much the ABK acquisition cycle is tying up attention and resources and it’s possible there just isn’t the bandwidth to do anything drastic until that deal is concluded