According to Phil Spencer, the CEO of Microsoft Gaming, the company loses up to $200 on every Xbox console sold. It was also disclosed by Spencer that the company subsidizes production costs from anywhere between $100 to $200 per console.
To clarify any confusion that may have arisen from this, Spencer issued a statement that said:
Smash Remix 2.0 Adds New Characters, Stages, Items, And More To The Impressive Smash 64 Mod
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A new report on the Verge is claiming that the Xbox handheld console is toast. Or to quote directly, "it's essentially canceled". That initially seems confusing, after all hasn't the first Xbox...
