Microsoft is making the right moves to fix its past mistakes and topple the PlayStation with its next game console
- When Microsoft introduced the Xbox One in 2013, it was still the industry standard-bearer in video game consoles with the Xbox 360.
- In the course of a few months, Microsoft torpedoed its goodwill with its most dedicated fans, while Sony repeatedly dunked on Microsoft with the introduction of the PlayStation 4.
- But Microsoft has been repositioning its Xbox business in smart ways, introducing programs that people love and paving the way for a future that sounds promising.
- Meanwhile, Sony has made several easily avoidable mistakes.
Microsoft's Xbox One is losing to Sony's PlayStation 4 - badly.Advertisement
With over 90 million PlayStation 4 consoles in the wild, Microsoft's Xbox One is getting trounced. Estimates put Xbox sales number somewhere in the range of 30 to 50 million - Microsoft stopped reporting hardware sales numbers some time ago.
But don't count Xbox out just yet.Between its Netflix-like Game Pass service, the company's game streaming ambitions, its push into cross-play gaming, and the brilliant decision to add backwards compatibility, Microsoft is building a strong foundation for the future.
Meanwhile, Sony is making easily avoidable mistakes.Get the latest Microsoft stock price here.
What happened with the Xbox One, anyway?
1. Microsoft's Xbox Game Pass, the Netflix-like subscription service for gaming, is a great reason to buy an Xbox One.Advertisement
2. Project XCloud, Microsoft's video game streaming service — what Microsoft CEO Satya Nadella recently referred to by the shorthand "Netflix for games" — is on the horizon.
3. Backwards compatibility sets an important precedent.Advertisement
4. Microsoft started the movement toward cross-platform play with "Minecraft," while Sony refused to budge — until it couldn't refuse any more.
5. Microsoft is being straightforward about the next generation of Xbox consoles, and speaking directly to gaming's most-dedicated fans.Advertisement
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