And there would be a place for XBox hardware as well if MS actually gave a damn about XBox. MS could have taken a giant leap ahead with VR tied to Kinect, full body tracking in VR. And while Series S feels like it's holding back the X, it's the perfect excuse to turn it into the most powerful handheld rivaling Steamdeck.
MS rather competes with Steam, game distribution instead of creation. And how does MS' future not exists off their own hardware, the Azure platform... MS rather keeps their hardware to themselves and wants you to pay for using it which has been their philosophy since introducing live gold.
Nintendo and Sony are still innovating, MS is turning into a reseller.