Phil Spencer Reveals How Much Xbox Loses With Each Console Sold
Head of Xbox, Phil Spencer, reveals how much Xbox loses with each console sold in a new interview. Contrary to what a lot of gamers may believe, new game consoles are usually sold at a loss. The respective company then recuperates the money over time with other business transactions, such as software sales and subscription services. This is usually done to keep the cost of the console reasonably low and attract consumers to buy the new console....