The gaming industry has changed massively in recent years, and the Xbox brand is changing to embrace that focus on services.
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I personally think the first year or 2 will be rough for MS. Once their AAA release and hopefully get 9 scores with gamepass things will look much better for them.
What Xbox brand?
You mean Gamepass??
Pretty sure it's focused on their subscription model plans, though they are spreading themselves a bit thin by trying to cover all bases. In the end, it will be based on what peope prioritize. If Games as a Subscription takes off and they can canabalize from the MTX/DLC market, they're great. If it isn't, they might end up where they have been since 2013.
They don't seem to worried about the console part all they are focused on is Gamepass and the Cloud stuff.
Such a poor line up lol