I do not see the gaming division working into Microsoft’s long range plans if it is not a money-maker.
Sony and Nintendo have more skin in the game, and have an identity with a clear fanbase. MS is always going to be competing with PC based gaming platforms.
I have a college friend who worked on the XBOX team for a while. He told me it was horrible.
One word:
SPINOFF................
Purchasing of Bethesda, Activision and a bunch of other studios tell me they don’t have a proper mechanism in place to allocate capital. All the buybacks they could have funded instead of burning 100 billion should make investors more than a little annoyed.