Oh boy, they’re in shambles
“At least let us pretend that Indiana Jones is Xbox exclusive.”
Don't even feel sorry for them, not one bit.
Why? Because they have been making it abundantly clear that console is no longer their priority for
ages now.
Some of their own games (and/or games they have marketing partnerships with) release first on PC.
Gamepass is cheaper on PC, just one tier and you get all the releases, no caveats.
And now they aren't even putting themselves in situations that could potentially maximise sales of their own console hardware.
It's like they are telling people -
stop buying Xbox console hardware, we don't want you to. But yet, in some cases these goons have dozens of Xbox consoles in their households (why I don't know) and at this point they are just hanging on to a dead corpse of a console platform.
You aren't going to make any money when your hardware base is maxing out at like 50m units and none of your customers want to by games outright because you devalued your software with Game Pass.
50 million would usually be fine, but too many people who are buying the hardware aren't
buying games, so the whole business model of selling the console at a loss (or at cost as the generation develops) and then making that back via software margins is a bust. And it's a situation they put themselves in, nobody else to blame.
They are now killing Xbox consoles so that gamepass can survive. Without taking losses on console sales and having to deal with vast amounts of R&D CapEx for future hardware their margins will vastly improve.