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You buy a comodity when it's cheap and sell it at it's peak/ Obviously the seller here feels like they have received an offer worthy of the peak value of SEO. The purchaser obviously feels like they can make a profit off of this, and the that the value will increase. I'm not sure why people with no expertise feel the need to not only express their opinion, but to forcefully state that Sony are stupid or that this is a "bad" move.

They might lose numerous 1st party exclusive games, which may now be available on competing machines. However, many employees will jump ship to work with Sony now. The very employees who created these IP's. Nothing is stopping sony from creating new IP's that prior to this sale would have directly competed with the sold IP's.

Further, the playstation brand is broadly relient on 3rd parties. It's not like Nintendo selling their IP's. I feel quite sure that they may have deals built into this deal.