Microsoft's Phil Spencer candidly admits the company lost the console wars to competitors

Microsoft's Phil Spencer seems a bit down-trodden when talking about the performance of Xbox. Speaking with Kinda Funny Games, Spencer said that while the company isn't in the business of "out-consoling Sony or out-consoling Nintendo," there isn't really a solution or win for the company. Because of this, and languishing in third place, Microsoft decided instead of fighting a console war, it would instead focus on the cloud and subscription services like Game Pass with its new generation of cons...