Microsoft has some issues regarding Xbox Series X. The issues is that it is having trouble meeting demand which is effecting it stock prices. A bit of info that has now been revealed by the CEO to there share holders.
“During the meeting with investors, Microsoft CEO Satya Nadella noted that both the Xbox Series X and Xbox Series S are off to a strong commercial start, though right now they aren’t divulging numbers, and that may be because they aren’t as impressive as you’d think given the supply issues. Whatever the case, Nadella confirms they are the fastest-selling Xbox consoles to date, but given there are two of them, it’s hard to compare their initial sale numbers to the initial sale numbers of the Xbox, Xbox 360, and Xbox One.
Adding to what Nadella said, CFO Amy Hood confirmed that Microsoft has been unable to meet demand, before confirming the shortages will continue, at the very least, throughout this next financial quarter. It sounds like Microsoft is predicting this not just based on supply chains, but the continued demand for the console, which doesn’t sell out as fast as the PS5, but still runs through stock in minutes.”
Now to be fair this is an issue effect both The Xbox Series X and PlayStation 5. But what this means for gamers is unknown.
Article:Microsoft Shares Concerning Xbox Series X Stock Update (comicbook.com)
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