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Yes, but it's slowly turning from console wars to platform wars. It's gone from just console focused to console, PC, mobile, and cloud. All different spaces that will compete for the overarching brands. Primarily Xbox and PlayStation. Even Apple is trying to throw their hat in the ring now lol.

Nintendo gonna Nintendo lol. If anything they've retracted their mobile ambitions and focused on other endeavors to push their dedicated hardware and software such as films and theme parks.