November 14, 2024

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Microsoft admits: Xbox ‘lost the console wars’

Microsoft admits: Xbox ‘lost the console wars’

The legal battle between Microsoft and FTC The US Federal Trade Commission (FTC) yesterday kicked off its highly-acclaimed takeover case Activision Blizzard. The first day included many exciting discoveries such as changing the agreement for Indiana Jones game Ha bethesda, But also when the next Xbox and PlayStation consoles launch.

Part of Microsoft’s defense strategy against the FTC is to show that the Xbox isn’t in a dominant market position, which would put it in third place behind consoles from Sony and Nintendo. According to official court documents, which have been “combed through” by The Verge, they make one point Admitting Microsoft’s defeat in the so-called console wars.

Xbox lost the console wars and its competitors remain in a dominant position.” Microsoft has publicly admitted all along to defending itself in the lawsuit over its acquisition of Activision Blizzard, which the FTC has tried to block. Also, Microsoft has reported that they have it for 2021 Only 16% of total sales of consoles, while it features an extension 21% of the total global installed console base. However, the points where Microsoft points to the shares of both Nintendo and PlayStation have been covered.

Xbox in its line of defense also says: “In 2001, Microsoft entered the gaming business with the release of the first Xbox game console, competing with well-established companies Sony and Nintendo. In that “generation,” Sony and Nintendo outperformed the Xbox by a large margin. In each successive generation for the ensuing 20 years, Sony, Nintendo, and Xbox have remained the three biggest console manufacturers and have fought them in what the industry calls the “console wars.”

In the documentation, Microsoft says so “Sony is the dominant player in consoles” And how the consumer base has been consistently higher across all generations of Xbox. “Xbox has consistently been in third place out of three behind PlayStation and Nintendo in terms of sales. Microsoft claimed.

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