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Out of the Box: When Will the Gaming Console Biz Sunset?
Gaming consoles are dead. Long live gaming consoles!
After Microsoft made a new round of layoffs, cutting its gaming division workforce by 3%, it’s readying a rollout of Xbox Series X and S consoles with scaled-back features and discounted prices this holiday season. And the company’s strategy has received mixed reviews following the botched launch of “Concord” — with industry analysts and fans alleging the game was set up to fail with a bare-bones marketing campaign — and the more favorable debut of “Astro Bot.” Over the past decade, console makers haven’t grown their aggregate user base beyond about 250 million people, while the rest of the industry has experienced a growth spurt, van Dreunen notes.
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