It wasn’t a lie — it’s just a losing prospect for them at this point.

They fumbled the Series launch and Sony blew the PS5 launch out of the water. The Switch will always do great, and an improved model will only serve to further cement Nintendo’s market share.

There are rumors that Microsoft could spin off Xbox as its own business in the future. Any time you have to spend $100Bn+ to buy IPs because you’re publicly conceding you can’t develop good games yourself…that ain’t a good sign.

No, they really want to prepare to exit the hardware business. If you can get people subscribing for Call of Duty, you don’t need to spend millions annually developing hardware only to finish 3rd place in sales behind your competitors.