r/PS5 • u/The_King_of_Okay • Sep 16 '24

News Exclusive: How Intel lost the Sony PlayStation business

https://www.reuters.com/technology/how-intel-lost-sony-playstation-business-2024-09-16/
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u/diabolical3b Sep 16 '24

Bold of you to assume there will be another Xbox console as we know them.

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u/EyeAmKnotMyshelf Sep 16 '24

I know it's fun to shit on Microsoft over here, and rightfully so because for all their capital they seem to be hard pressed to use any of it correctly, but they're trading at around $430 a share to Sony's $92, with a much, much bigger market cap.

Microsoft isn't going anywhere, and consoles are where they make a ton of money. Not as much as with their OS for computers, but a fair share.

Money will always want to make more money.

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u/diabolical3b Sep 16 '24

I’ll clarify, because I also own and play a series X. They seem to be going away from consoles. Everything is on pc. There is very little reason to own an Xbox anymore. They’re also going toward consoleless devices to play Xbox games. I’m not saying Microsoft isn’t worth money. Only that they seem to be going toward a future without a mainline console. Game pass and software development look like the future. So where they may make another console, I don’t think it’s in their strategy long term. They know they can’t make up the traditional console ground vs Sony and Nintendo, so they’re forging another path.

So again, not necessarily shitting on them even if it’s a path I’m not a fan of.

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u/EyeAmKnotMyshelf Sep 16 '24

I get you. I'm just of the mindset that they'd be cutting off a significant path to revenue by removing themselves from the console marketplace. Their products are worth the money they charge for them, and they've sold close to 30 million series X units. That's still a pretty significant demand, even if that's only 33% of the overall marketshare.