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Asha Sharma Says 'Xbox Is Not For Sale' Amid Concerns Microsoft's Gaming Business Is Being Streamlined For A Spin-Off
Kotaku • • technology
Key Points:
- Microsoft CEO Asha Sharma firmly denied rumors that the company plans to sell or spin off its Xbox division, emphasizing a commitment to long-term success.
- Despite mass layoffs and restructuring within Xbox, analysts speculate these moves could be preparatory steps for divestiture due to Xbox's challenging fit within Microsoft's broader business.
- The gaming division, including the $70 billion Activision Blizzard acquisition, has struggled with hardware sales and the Game Pass subscription model, fueling speculation about its future.
- Internal reports have suggested potential Xbox spin-off options, such as a standalone subsidiary or joint venture, aimed at removing the high-risk gaming business from Microsoft's core financials.
- Microsoft is making strategic long-term investments in Xbox, including restructuring Halo Studios and planning new major franchise releases, signaling a focus on future growth rather than immediate divestment.
