Microsoft Shifts to the Cloud, Potentially Ceding Future Console Market to Sony and Nintendo
• Microsoft is shifting its focus away from Xbox console hardware to cloud gaming, potentially leaving Sony and Nintendo as the only console makers.
• This could mark a return to an era when Japanese companies dominated the console market.
• However, the long-term future of dedicated consoles is uncertain as cloud gaming advances.
• Sony faces challenges proving the business case for future PlayStations to investors.
• Nintendo needs to time its next console properly to retain momentum.