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No it is not. Why would it? He did a great job turning it to something way bigger (and with way more potential than before).
And all those studios are starting to produce (end of 2024 shows that) and we know that there are a LOT of other games in the pipeline.

He could not have done better facing where Play Station was at the beg. of the generation. People were already in the Play Station ecosystem and moving them back to Xbox, is almost impossible unless you come up with WAY more content than the other side.