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The area we want Microsoft to compete in, and the area Microsoft wants to compete in, appear to be different. Microsoft’s management and shareholders want Microsoft to become the world’s biggest video game company, which is a goal that doesn’t necessarily align with trying to be more competitive in the console space.

I don’t like it, and I don’t think most Xbox fans like it, and I also think long term it will probably be bad for the industry. But that’s the state of things right now.