Sony is not concerned about the potential for Xbox to leave the console business and remains confident in its PlayStation strategy, a senior company official has said. However, the Japanese gaming giant remains aware of broader industry shifts, affecting both Xbox and other rivals, which it says are worth keeping an eye on.
Microsoft has been insisting that Xbox lost the console wars since 2023, when it articulated this position as part of the argument for why the then-pending Activision Blizzard acquisition should be allowed to go through. Between this stance and the continued decline in Xbox hardware sales, some industry watchers have lately been speculating that Microsoft might pull the plug on its console business altogether in the near future.
A well-known hardware leaker provides some new information that may hint at the potential release window of Sony's PlayStation 6.
During a recent "fireside chat," Sony Corporation of America SVP Justin Hill raised the topic of speculation around Microsoft potentially exiting the console business, asking how such a move might reflect on PlayStation. SIE President and CEO Hideaki Nishino responded by first offering a general view: the company considers a certain level of market rivalry beneficial. "We...
