How is expanding a business meaning "losing relevence'? And that with spending $75b on said business?
People seriously need to take economic classes early.
We literally had Spencer come out and say that the Xbox-brand is "untenable" without the mobile market.
You're basically saying what I (and MS themselves) are saying, while at the same time denying it's being said.
MS is doing what Nintendo did with the Wii and WiiU:
Chase a completely unpredictable and unreliable theoretical market.
Wii was a hit and then WiiU failed hard.
But it's because Nintendo has the brand-recognition and quality 1st party output to bounce back, as proven by the Switch.
It helped that they combined their console with their handheld.
MS doesn't have that luxury.
They don't have the same brand-recognition as PS or Nintendo outside of the US and UK, they also don't have the same quality 1st party library as Sony and Nintendo.
They are expanding, because they have to.
And we all know that they buy studios to prevent competition from getting their games as well.
We've seen this during the X360-era and they will do so again if they regain a big enough presence in the gaming market.
Their current direction is basically a desperate attempt to stay relevant, with lots of PR-fluff.