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What many Playstation-Fans tend to forget is how arrogant and ignorant Sony was at the end of the PS2 era. Did you all forget the pricetag of the PS3 and statements as:

"[PS3 is] for consumers to think to themselves 'I will work more hours to buy one'. We want people to feel that they want it, irrespective of anything else."

Ken Kutaragi


or

"We don't provide the 'easy to program for' console that (developers) want, because 'easy to program for' means that anybody will be able to take advantage of pretty much what the hardware can do, so then the question is, what do you do for the rest of the nine-and-a-half years?"

Kaz Hirai, CEO, Sony Computer Entertainment


It was the competition by Microsoft which forced Sony to get their act together, finally resulting in the PS4. If Microsoft dropped out of the console business it´s very likely that we would have the PS3-Situation with the PS5 all over again. Nothing good comes from monopoles (and it would be one, as Nintendo isn´t addressing the same market/target group).