And the problem is further compounded by the Series S outselling the X by around 3:1, and the PS5 outselling the Xbox Series X And S combined by around 2:1. So the series X install base is 6 times smaller than the PS5.
So having to spend extra dev time to get it to work on the Series S if you want to release on Xbox at all, along with only a fraction of those players getting to experience the intended look and feel of the game, it's no wonder they're skipping it.
This all does indicate an issue for Sony though, with the price of the PS5 Pro. People were told that the Series S would play all the games the Series X can, and they flocked to the cheaper console. Now Sony are pushing a console for £800. I don't think it's going to do very well.
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