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As much as I'm kinda ambivalent about this ... the fact is

- Microsoft will get basically every major third party release.

- Microsoft will get some big exclusives (like Respawn's game).

- Microsoft still has Halo and Forza and Gears and probably at least 1 or 2 of their new IP will be geared at hardcore players.

- Microsoft still markets better than either Sony or Nintendo.

It's hard to deny those four points.

The difference with Nintendo at the height of the Wii craze was they overfocused on soccer moms. The XBox One is still heavily focused on making the general male age 14-50 happy (Call of Duty, NFL, Halo TV show, etc.).