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Just a few weeks shy of the 12th anniversary of Phil Spencer being named Head of Xbox, the Microsoft lifer, who has been with Xbox from the very beginning, has retired after 38 years with the company. Sentimentally, it’s a shame that he won’t be around for the Xbox’s 25th anniversary this November, at which I personally expect Microsoft to give the first proper look at its recently confirmed next-gen console/PC hybrid. And so for me, as someone who’s covered Xbox for 24 of those 25 years, I can’t help but look back on his time running the show and wonder: is Xbox better off now than when he took over? It’s a complicated question, and the answer depends on who you ask.
If you ask Microsoft shareholders, for instance, the answer would be an unequivocal YES in all-caps. Microsoft’s stock price closed at $33.57 on March 28, 2014, the business day before Spencer’s promotion was announced. On the day before I broke the news of his retirement a couple weeks ago, the company’s share price closed at $398.46, a literal order of magnitude higher than it was when Spencer was given the mantle. Is gaming solely responsible for that
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