Consoles have always been a coveted item in the video gaming industry. It facilitates the players to explore the dimensions of the utopian gaming world. However, sometimes things might not shape the way they should in the industry. Likewise, Phil Spencer has voiced the losses that Microsoft faces in selling every Xbox.

Video gaming has been on a rise in the present world. With developing technologies, the games have kept a leveled pace in innovating the experience. For this reason, industries work out on console platforms to bring gaming closer to the fans. And Xbox stands as one of the most reputed consoles in the industry.

Xbox is currently owned by Microsoft. Their joint efforts have channelized their powers into building a much-loved platform. Moreover, Xbox Series S and Series X have been pivotal consoles in the industry.

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However, when it comes to consoles, sales become a crucial deciding factor. The reason is, that they give an insight into the console’s popularity in the community. Chiefly, the hardware composition becomes a gateway to exploring riveting gaming titles. While Xbox prevails in the industry as a renowned console, Xbox boss and Microsoft head of gaming Phil Spencer threw light on the console’s finances.

Phil Spencer reveals the losses faced by Microsoft for every Xbox console that gets sold

Phil Spencer had recently featured in an interview with CNBC. Wherein, he talks about Xbox’s position amidst the economic situation. Talking of the console, it is expected that prices of Xbox consoles and Game Pass may hike after the holiday season due to economic pressure.

Surprisingly, Phil gave an idea that hinted at the losses Microsoft faces with every Xbox getting sold. During the interview, Phil stated Microsoft loses $100 with every $500 Xbox Series X that gets sold. Furthermore, he stated that the company faces up to $200 every time they sell the $300 Xbox Series S.

This becomes a shocking figure for the console and the company backing it. Nevertheless, Phil mentioned that he looks forward to seeing gamers buying the subsidized consoles. Notably, he had also hinted earlier about such a plan. Subsequently, filling the void of losses through games and accessories.

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It was also learned through the interview that the Xbox boss gave a view of the game prices. Phil voiced that Microsoft won’t be able to keep the prices constant forever. Thus, clearly stating the changes in the purchasing tags of the game titles. Thus, only the future can unfold what the Xbox boss and the technology giants have in store for the video gaming community.

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Which game is the best one that you have played on the Xbox console? Feel free to share with us in the comments section.