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justagamer25 said:
Kerotan said:

It must really hurt Microsofts profit margins having to sell off so many consoles at heavily discounted prices. 

Definitely but this gen above any before is about install base. If backwards compatibility becomes the norm people will be less inclined to jump to another ecosystem. Even people with steam don't like buying on other services and that's not even hardware.

People  that use Steam do that because they have a lot of deals and there is little to no competition in the PC market.

The console that you had, the one that is capable of playing your old games, doesn't turn into ashes after you purchase a new one