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Intrinsic said:
 

A way to look at all this, is that there will always be a place for the dedicated console hardware market. For too many reasons than I have the strenght to get into now. But I will give you a scenario.

Tablets/smartphones by their very nature are limited to one primary input mechanism; touch. That is a very big limitation to the depth of games that can be effectively supported on the platform. Just imagine playing Tekken/COD/WD/Uncharted....etc on a tablet or even worse, a phone. But hey, you could always just pair a controller to it right? Of course you can, but now you are carrying your tablet and controller around. Ok, to mitigate this problem you decide to only play with your controller at home, which also means that you can only play like 80% of your games they way they are designed to be played at home. While doing that, why don't I hook the tablet/phone to my 60" Tv so I could chill on the couch and play the game with my controller? Hell I dont even need wires, I can just beam the feed to my TV. So you do that since you are at home already.........

See whats happenning here?

Yes, and i believe we will see a future in  few years where our tablet also function as our desktop and home console. What I am talking about is that the traditional home console in the form of a dedicated device like X1 and PS4 is loosing ground fast, but that it isn't necessarily bad. I already use my surface as a desktop and tablet, s if MS would offer me to stream the entire X1 experience through the Surface, I would sell my console and go for that instead.