Microsoft is using the XBox as an vehicle for the NEXT thing: Windows Box. A free Windows OS specific to gaming. It's a wonder that Microsoft can still rip of the gamers for their Direct X technology when Steam is going more and more to a free-as-beer Linux model.
Expect it to be released alongside the next gen graphics with on-die gddr. The hardware prices will plummet and every chinese manufacture will be able to produce "consoles" surparsing the XOne and PS4 while costing only a fraction of them.
Google and Amazon might also bet on this - but Microsoft holds the best cards if played right.
Sorry for Sony: they are still a hardware company with an self baked OSses tailored to single devices. Exactly the opposite of whats needed if you don't have a roster of unique gameplay experiences like Nintendo...
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