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JoaoGrossi said:

Yes they can. But they need to focus on exclusives again.

COD needs to be top form COD again.
Halo needs to be top form Halo again.
Gears need to be top form Gears again.
Elder Scrolls need to be top form Elder Scrolls again.
Fable needsto be better than Fable ever was.
Rare IPs need to return. We want Banjo and Perfect Dark.

COD I think can bounce back, the 2019 Modern Warfare reboot wasn't that long ago and was brilliant.

Halo though is trickier, granted I haven't yet played 5 and Infinite, but from the reception they got, it seems 343i doesn't have a good grasp on what fans want from the series.

Gears, again I haven't played 4/5 yet, but wasn't 5 well received? 

Elder Scrolls, forget it, probably won't be out til like 2035 and it'll probably suck.

Rare's a husk of their former selves.

The tricky part is, stuff like COD/Halo/Gears/etc are multiplat now, so even great games can't really boost consoles.