SONY - Xbox Sales Plummet In Europe As PlayStation 5 Dominates: What's The Impact Of Exclusive Titles? | Benzinga
Microsoft Corporation's (NASDAQ: MSFT) presence in the console market, particularly in Europe, has encountered substantial challenges.
This is indicated by a notable 52% decline in sales for the Xbox Series X and S compared to the increasing sales of Sony Group Corp's (NYSE: SONY) PlayStation 5 and Nintendo's Switch, as reflected in a report from GI.biz.
See Also: PlayStation 5 Dominates The Console Market, Outpacing PlayStation 4 Sales
The data reveals a stark reality for Xbox, with PlayStation 5 comfortably leading in Europe, marking a remarkable 143% surge in sales over the previous year, while the aging Nintendo ADR (OTC: NTDOY) Switch follows in second place, despite a 20% decrease in sales.
The conspicuous drop in Xbox sales, both on a year-on-year and month-on-month basis, paints a concerning picture for the brand. Even with the launch of ...