If Phil Spencer retired right now, I would say he was terrible. To sum up his tenure, all he is known for is making promises that never materialized. Trying to appease the Xbox fanboys on twitter, and congratulating the competition.
He also was behind the Tomb Raider time-exclusivity deal that was not well met with the public at large. He was the villain behind that one as well. He basically paid Square-Enix money so the game wouldn't be on other platforms, but at least PC version got the upper hand for releasing 2 months after the Xbox One version. It was funny because he did that to try and compete with the upcoming Uncharted 4 during that Holiday. It didn't work out anyway because UC4 got delayed until that next spring, lol.
Phil Spencer hasn't delivered much but BC. And the BC is just to ensure that Xbox One owners don't flock to the other systems. He tries to mold it to say it's for the gamers, but they are desperately just trying to keep people within their ecosystem and BC wasn't on MS mind at the start of this gen either.
I'd give him a D grade. Which means it can only go up, we'll see at this E3 2018.
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