As a fan, I am just not very confident that their future Xbox hardware will be competitive enough, which is the main point of what @xboxp3.bsky.social said. I am speaking strictly about traditional Xbox consoles.
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No one will want the next Xbox after the failure of the Series X|S, but it's not even the goal for Microsoft. That's why they sell their games on PlayStation, because what matters to them is to sell games, not hardware. In fact, they're pulling out of Central Europe just now.
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