Asha Sharma Insists There's 'More Demand Than Consoles Available' as Xbox Hardware Sales Continue to Plummet

The boss of Xbox has insisted that sales of the console are constrained by supply and that there is “more demand than consoles available,” as Microsoft’s gaming business heads into the crucial holiday season. Microsoft reported its FY27 Q1 results overnight, and the Xbox struggle is a familiar one despite new CEO Asha Sharma’s “reset” of the gaming business. During the three months ending September 30, 2026, overall Xbox revenue declined 2% year-on-year, although that’s an improvement on the 10% decline the previous quarter.