Xbox Concedes Defeat in Console Wars Amidst Activision Buyout Battle
TL;DR Summary
Microsoft's Xbox has admitted to losing the console wars to rivals PlayStation and Nintendo, with just 16% market share. The admission came as part of an attempt to convince regulators to approve its $69 billion buyout of Activision Blizzard. While PlayStation has used its position to secure timed and console exclusives, Microsoft's underdog act is hard to take seriously given the size of the buyout.
- "We've Lost the Console Wars," Says Trillion Dollar Underdog Xbox Push Square
- FTC: Xbox-exclusive Starfield is “powerful evidence” against Activision deal Ars Technica
- Microsoft Admits Xbox Has 'Lost the Console Wars' as It Battles for $69 Billion Activision Blizzard Buyout IGN
- The FTC Doesn't Understand Its Role in Antitrust (Premium) Thurrott.com
- Microsoft: 'Xbox has Lost the Console Wars' - News VGChartz
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