In its proposing findings of fact submitted on the first day of Microsoft’s court battle with the FTC over the $69 billion acquisition of Activision Blizzard, Microsoft has claimed Xbox has officially “lost the console wars”.
A section of the document, submitted by Microsoft, describes its entry into the gaming industry in 2001, when its original Xbox console was outsold by both Sony and Nintendo by a “significant margin”. And, per Xbox, it hasn’t stopped “losing” the “console wars” ever since.
“Xbox’s console has consistently ranked third (of three) behind PlayStation and Nintendo in sales. In 2021, Xbox had a share of 16% while Nintendo and PlayStation had shares of [redacted] and [redacted], respectively. Likewise for console revenues and