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I don’t think it will sell very well as an Xbox. But as a high end PC, if it’s as powerful as rumoured, it could do very well. It’s known that high end GPUs are sold at a huge markup, so if Microsoft can lower that margin, they can pull in a sizable audience, though still less than 20M I would assume. I also expect they will refresh and replace the hardware more often than a traditional console, so it won’t have as long on the market as usual.