The Xbox One is dying: all hail the Xbox 2 Project Scarlett

Sales of Microsoft’s Xbox One games consoles are stuttering following the unveiling of the company’s new Xbox 2, codenamed “Project Scarlett”.

The news was revealed in Microsoft’s Q4 2019 earnings report on Thursday. The report showed huge growth in most of Microsoft’s businesses – highlights including its cloud, server and enterprise services divisions – which led to a staggering 12% revenue quarter-on-quarter increase to $33.7 billion.

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