It’s not unusual for console producers like Microsoft and Sony to promote {hardware} at a loss, however because of a latest interview CNBC carried out with Xbox boss Phil Spencer, we now know roughly how a lot Microsoft is dropping on each bit of current-gen {hardware} it sells.

Chatting to CNBC concerning the state of Microsoft’s console enterprise, the long-serving Xbox chief stated the corporate at the moment loses between $100 to $200 on every sale of the Xbox Series X and funds Xbox Series S.

Spencer stated the corporate accepts the loss as a result of it anticipates recouping the fee when house owners buy equipment or purchase software program by means of the Xbox Marketplace.

Xbox house owners may entry an enormous number of titles, together with fashionable first-party content material, by means of Xbox Game Pass. According to Spencer, the subscription service is at the moment turning a revenue and accounts for 15 p.c of Microsoft’s content material and companies income.

Speaking extra broadly concerning the way forward for Game Pass (through The Verge), Spencer additionally quashed the notion that the Netflix-style mannequin will finally grow to be the primary income driver on the firm. “We don’t have this future the place I feel 50–70 p.c of our income comes from subscriptions,” he stated, explaining that finally the corporate can have “reached all people on console that wishes to subscribe.”

Earlier this 12 months, Microsoft informed Windows Central it had no plans to extend the worth of the Xbox Series X | S after Sony selected to increase the worth of the PlayStation 5 in key markets on account of “excessive world inflation charges.”

More not too long ago, nevertheless, Spencer informed these at a WSJ Live (through The Verge reporter Tom Warren) occasion that the corporate should “increase the costs on sure issues” in some unspecified time in the future, however confirmed that these will increase will not happen till after the upcoming vacation season. It’s additionally value noting that Spencer did not specify what merchandise shall be getting a worth bump, leaving us firmly in hypothesis territory till Microsoft declares concrete plans.