Xbox’s new CEO Asha Sharma doesn’t have a lot of options

Spencer, then, must carry the can for the strange state that Xbox finds itself in in 2026. I say strange; you could call it disastrous, but that wouldn’t really encompass the lopsided totality of a nakedly failing console business yoked to a rapidly acquired, too-big-to-fail software powerhouse. That organization encompasses Activision Blizzard, Bethesda, and Xbox Game Studios, and owns Minecraft, Warcraft, Call of Duty, The Elder Scrolls, Halo, Diablo, Forza, Candy Crush, and countless other invaluable gaming properties.