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Nintendo did. Other than that the one who has the presentation first.

Tbh If I would be MS I would price the system so low that sony would essentially die. Microsoft has the money to do it and Sony actually exists because Microsofts "allows" it lol.

Sell the thing for 1 cent profit so there cant be anyone that sues Microsoft for having unfair business practices. And Sony who cant afford to do the same will struggle.