Xbox CEO Openly Floats the Need for Third-Party Exclusives and "Potential M&A" to Win in Hardware, PC, Mobile, and Streaming
Wccftech • • technology
Key Points:
- Xbox CEO Asha Sharma addressed the division's struggles, linking the limited number of console exclusives to the current unhealthy state of Xbox's business and acknowledging that the division has become "overextended."
- Sharma emphasized the need for more affordable hardware options, recognizing that high console prices are a barrier for many consumers.
- The company plans to focus more on major franchises like Elder Scrolls, Fallout, Halo, Gears, and Forza, potentially cutting support for smaller IPs, while also exploring third-party exclusives despite past challenges in this area.
- Sharma hinted at potential acquisitions and a push for greater engineering self-reliance to improve Xbox's technology stack and competitiveness across hardware, PC, mobile, and streaming platforms.
- These announcements coincide with reports of upcoming mass layoffs, highlighting ongoing significant changes and uncertainty in Xbox's strategic direction.