Microsoft loses up to $200 on each Xbox console sold

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Microsoft loses up to $200 on each Xbox console sold
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Microsoft loses up to $200 on each Xbox console it sells. In an interview with CNBC, Xbox head Phil Spencer admitted it…

, Xbox head Phil Spencer admitted its Xbox Series X/S consoles are sold at a loss, with the expectation that revenue will be made up elsewhere on accessories and games.Eurogamer Newscast: Will Konami succeed bringing Silent Hill back from the dead?

Of course, console manufacturers often sell consoles at a loss - with the usual exception of Nintendo. It's a widely accepted business practice to then recoup money elsewhere, such as from software sales and subscriptions, such as Xbox Games Pass.Last week, the Xbox boss said"We've held price on our console, we've held price on games and our subscription. I don't think we'll be able to do that forever...

Spencer did admit to CNBC that he doesn't think Microsoft will be able to keep game prices constant forever, but they do provide long hours of entertainment."People can play video games for hundreds of hours," he said.Get your first month for £1 when you buy a Standard Eurogamer subscription.

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