Why Is Microsoft Panicking?

[daredevil.shark]

S.T.A.G.E. said:

daredevil.shark said:
Because of PS4's early lead. Happened with PS2. When PS4 have bigger install base it will be difficult to get third party exclusives, timed exclusives or exclusive content.

Perhaps its time that Microsoft stops depending so much on third party. Sony learned their lesson about doing that last gen and ended up having the most new IP's.

What I have seen from last gen it will be difficult. Microsoft relies heavily on third party exclusives and despite having more studios they have fewer new IPs. And in this age making new IP is also very difficult. It takes time and good studio to make it. It seems Microsoft has started that process recently after the negative reaction of reveal and post-launch criticism.