Phil Spencer Interview with Polygon

Phil Spencer was interviewed by Polygon after the Xbox Showcase where he shares his outlook on 2024 and the state of the Xbox business. https://www.polygon.com/23759314/phil-spencer-interview-starfield-game-pass

I thought this quote was interesting:

“…we can take a longer-term view of our financials and our success. We’re about — call it 10% of Microsoft’s revenue right now. So Microsoft doesn’t sink or swim based on Xbox’s success today. So it allows us to take some longer-term views of what our success looks like. We run a profitable business inside of the company and that’s important. We do that today. We want to grow that; we continue to grow it. That’s an important part of our strategy.”

Xbox, as a business, is profitable today, according to Spencer. That’s the first time I have heard that.