It's so strange to see these companies struggle like this. Over the last thirty years, I've seen Nintendo and Sony bounce between being gods and clowns over and over again. And in Microsoft's case, they literally beat the Wii in the US with the 360... and then decided that the right play was to to sell a TV-box a few years later that couldn't play used games.
Why are these companies so bad at predicting what gamers want from gen to gen? Are they that detached? It makes no sense to me.