'Xbox Is Not for Sale' — Asha Sharma Denies Reports That Microsoft Is Considering Selling Its Gaming Business
Xbox CEO Asha Sharma has denied reports suggesting Microsoft was considering selling its gaming business.
Xbox CEO Asha Sharma firmly denied allegations that Microsoft is contemplating the sale of its gaming division. In an interview with the New York Times, Sharma made it clear: "Xbox is not for sale." She elaborated on Microsoft's strategy, stating: "We will do whatever it takes to set the company up for success, and we will look at the right partnerships, the right operating model and everything needed to achieve that."
The recent restructuring at Xbox, including the significant layoffs and studio closures, has heightened concerns about the future of Microsoft's gaming business. While Sharma's leadership has led to the elimination of nearly 2,000 Xbox employees and the cancellation of several games, analysts are divided on whether these changes indicate a path towards a potential sale.
Xbox's next-gen console, Project Helix, remains uncertain, and some speculate that Microsoft may sell off parts of the Xbox business rather than the entire entity. Despite these challenges, Sharma remains optimistic about Xbox's future, emphasizing the company's goal of reaching 1 billion daily active users through global expansion and strategic investments in Minecraft.
Written by urgent.news from IGN's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.