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Norion said:

2025 is looking to be about 2.5m so it should end up selling somewhere between 1-1.5m this year. There is GTA 6 assuming no more delays but it'll likely get yet another price increase due to the RAM issue so I'll play it safe and say 1.2-1.3m for about a 50% decline YoY. Though the Xbox Series has been consistently overestimated for a good while so it wouldn't really surprise me that much if it fails to even reach 1m. In general I dunno why someone would buy one over a PS5 to plays games on at this point since that console has much better value not only being cheaper but also getting all the first party Xbox games now.

Most Xbox gamers are (or at least were) GamePass subscribers, and most GamePass subscribers are Xbox gamers. This probably remains Xbox's main selling point over Playstation. And millions of people will just pick the brand they're more familiar with regardless of quality or reputation.