Xbox CFO Tim Stuart expects Xbox Series X and Series S supply shortages to continue till 2021.
In a virtual conference transcribed by Seeking Alpha, Stuart said, “I think we'll continue to see supply shortages as we head into the post-holiday quarter, so Microsoft's Q3, calendar Q1. And then when we get to Q4, all of our supply chain continuing to go full speed heading into kind of the pre-summer months.”
Microsoft’s Q4, which is April till June, is when Stuart thinks that the supply will begin catching up to the demand. “You'll be outside of a holiday window. We'll have supply cranking over the next, what, 4, 5, 6 months,” he said. “And that's when I expect to see really that demand profile start to be met, which will be really, really great.”
Stuart had previously revealed in the conference that the Xbox consoles’ launch was the biggest “we've ever done in terms of units and geographies and our overall footprint and activations”.
He also touched on Microsoft’s acquisition of Bethesda and what that might mean for the future. According to Stuart, Microsoft will continue to look at more IPs and look at increasing their umbrella of first-party studios. While it doesn’t intend to make the content it picks up platform-exclusive, the intention is for them to “be either first or better or best or pick your differentiated experience” on Microsoft’s platforms.