If they decided to make it about core gamers and core gamers alone, yes. I believe it's possible. Think 2001-pre-kinect era Xbox. If they did that again, I think it could make a measurable comeback.

But they won't do that, so it's likely sunk forever. They're just delaying the inevitable.

That quote from Spencer never made any sense though. i mean there was a greater chance people built up their digital library more on the 360 than the PS3. And then those games carry over to the XBO while PS3 games are stuck on the PS3, and people would have to start over on PS4 while XBO users would just continue to build. Is there some stat that shows the number of digital titles acquired relative to both platforms?

I can only speak for myself, but GWG really contributed to my current library that is playable across three generations of XB hardware... soon to be four. On the PS side, I really have just ones from PS4 i carry forward to the 5 and likely 6. Maybe on the 6 they will address PS3 digital support (and hopefully disc as well).

Yes, but they need to have their own set of games and reasons to exist. Like Nintendo have their bit of the market.

Microsoft literally bought half of the game development studios. They should have a lot of exclusives for their platform.

There wasn't millions of people playing free to play games like Fortnite on 360 though. The digital library situation was much more developed in PS4/One generation. Also, can't forget that MS made it easy for Sony in 2013 with Xbone because of all the policies that no-one wanted. Without a major screw up from Sony, MS won't be able to compete again I think. This thread and the optimism in it are bizarre as, the XBS consoles right now are selling similarly to the Wii U and there next console is going to be an expensive console/PC hybrid. Where's the resurgence going to come from?  

I am old enough to remember when apple was struggling and "no chance" at hanging with the big boys. Or when Nintendo "had" to go third party because Playstation.

Never say never.

No. I think the best shoot they had was this generation and they fumbled badly, both with their marketing and games.

I voted yes but perhaps I'm taking the question too literally.
The XBOX console business is salvageable in the sense that if they really went for it, they could have something outsell perhaps every Xbox but Xbox 360. But they aren't taking that path. Helix will be a minimum of $1000, as it is blurring the line between console and PC even further and will probably be more of a PC since it will have Steam support and a standard Windows OS option.
Not only would they need to stop putting all but a very small few games on PlayStation and Nintendo, but they would probably have to abandon Day and Date on PC. But I don't see how they do that since Helix will have Windows.
Xbox 360 was affordable with lots of titles including first-party exclusives, multiplats, and some third-party exclusives.
Helix can't really do any of that.

Hard to say. Anything is possible if they play their cards right.

Says a guy that never owned any of their consoles or played any of their games.  Yeah, your opinion is pointless.

I would say there's plenty of talent under their umbrella; Machine Games, id Software, Arkane, Ninja Theory, and Double Fine seem to be pretty talented.