By using this site, you agree to our Privacy Policy and our Terms of Use. Close

SOURCE: bizjournals.com

Lock if already posted; forgive me for not checking it first (didn't see anything about it at a first glance!)

 

Xbox founder: PS4 wins the console war 'by a nose'


The man who fought Microsoft’s (Nasdaq: MSFT) first “console war” says it looks like his former company lost the most recent battle to arch rival Sony.

Ed Fries, who led the team that created the first Xbox in 2001, said things seem to be slowing down in this installment of the high-stakes sales battle between the Xbox and PlayStation franchises.

And the winner is: “I think it’s PS4 by a nose,” he said.

[...]

Companies like Nintendo, Microsoft, Sony and Sega spend gobs of money on developing the greatest technology, marketing, securing exclusive content agreements with game developers. Many times they even sell consoles at a loss, just hoping to become the dominate brand in the marketplace right off the bat.

“That’s something you wouldn’t do unless it was a battle, right?” Fries said. “And I think it’s good. … I think it keeps prices lower and competition is a good thing.”

 

So, what do you think? I'd say the the Xbox founder is wrong by a nose in his statement.