Microsoft Is Literally Now Saying That Xbox Has 'Lost The Console Wars'

It's going to be a long week, folks. Just ahead of the FTC hearing this week in which various Microsoft and Xbox executives will be attempting to defend the acquisition of Activision Blizzard, Microsoft has submitted a filing which actually mentions that Xbox has "lost the console wars" and its rivals are "positioned to continue to dominate".

This little excerpt was shared by The Verge's Tom Warren earlier today, in which Microsoft goes into detail about why Xbox is in third place behind PlayStation and Nintendo, even highlighting that Xbox only had a share of 16% of the console market in 2021.

"Xbox has lost the console wars, and its rivals are positioned to continue to dominate, including by leveraging exclusive content."

"Xbox has consistently ranked third in consoles behind PlayStation and Nintendo."

The idea behind making these statements is, presumably, to show that Microsoft's acquisition of Activision Blizzard isn't a threat to PlayStation and Nintendo, but it's still crazy to see a reference to "losing the console wars" in a formal document!

In fact, it's been a long time since we've heard any kind of "console war" talk from Microsoft, with Xbox boss Phil Spencer admitting on multiple occasions in the past that he's not a fan of it. Nevertheless, it's back again now...

What are your thoughts about this? Tell us down in the comments section below.