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Definitely a rough drop in hardware revenue. Welfare estimates 800k units were shipped for the quarter which is actually similar to the amount of Xbox One's he estimates were shipped the same quarter in 2017 but the comparison against that is gonna get a lot tougher soon due to the the One X. The quarter that GTA 6 comes out will be a bright spot for it next year at least though.

curl-6 said:

Yikes at the quarterly results.
A console in its 4th year being down 42% YOY is disastrous.
40 million is looking less and less likely; at this point the only Hail Mary it has left is if the Series S gets a boost from being the cheapest entry point to GTA6 next year, and by then the brand may be so dead in the water even that may not help much.

The results are rough but 40m is still a sure thing as long as it's not notably overtracked here since it being at nearly 29m sold means it's probably shipped over 30m by now and the next Xbox console is at a minimum 2 years away. 50m is very likely off the table though unless it lasts until 2028 which was in the FTC leak but it wouldn't be surprising if those old plans change since it'd be a big ask to drag the Xbox Series out for a full 8 years.