I don't know...Phil mentioned when they raised the price of the Series S in Brazil recently it was still the lowest margins in any region.
Microsoft's CEO Phil Spencer has backed the company's decision to Xbox price hike in Brazil claiming that it was necessary to uphold business.
wccftech.com
"Upon being questioned further, the Microsoft Gaming CEO exclaimed that the increase in Xbox Series X|S pricing didn't have a huge impact on the company's profit margins and it is probably "the smallest margin in the world". However, Microsoft's primary aim with Brazilian markets is to be future-proof and in a position that actually prioritizes longevity over financial gains, said the executive."
I always bring this up lately because margins is such a hot topic these days.