The Xbox console business will continue because it's not about fanboy wars, its about a Windows presence in the livingroom. It always has been. It was to fight off Apple from clawing into the space 15+ yrs ago.
A lower cost toy box you can buy at retail is what the livingroom gaming/multimedia consumer buys into. The vast majority of gamers in this space are not techies, and value convenience and the bespoke experience. For that they will always need a specialized product to offer consumers.
Besides, what makes you think in an era where these companies are getting gamers to lfork up subscription revenue that they would have any desire to exit such a business?
Think about that: Sony and MS are getting gamers to PAY A YEARLY FEE for the luxury of fully using the devices they already sold you, and people are doing it.
Don't kid yourselves. They didn't just assume the undertaking of manufacturing Surface, to let go of their biggest CE brand that sells a ton of software and is one of the few of their business with a mindshare amongst day-to-day , non-enterprise consumers.
The idea that MS is the least commited to console gaming comes from a twisted fanboy mentality. No one puts more money into their first party IP than MS does for Halo. Many steps they've taken this gen say otherwise too- their investment in Killer Instinct, experimenting with different models (F2P Fable Legends), purchasing Gears of War IP , the well oiled Forza franchise putting out quality software, the investment into new AAA IP like Quantum Break, RECORE etc...
Fanboys need to stop being delusional simply because MS doesn't play by their rules. The Xbox is a platform above just being a console, one that will be open to 200M+ Windows 10 machines. The potential of that alone when you consider there are 125M+ active Steam users(all gamers!) is better than any in gaming. Users are there already, you dont have to wait for unit sales to sell gaming software!
Anyone can buy an 'Xbox' game. Anyone can connect to their friends and rack up Achievevos. That is not a commitment to gamers? Is that not a commitment to the Xbox brand?