I've made the point on this forum before that they definetly are not. Sony and Xbox are not in competition with Nintendo. Nintendo is playing it's own game. Sony have more to worry about keeping that the status quo by maintaining peoples desire for AAA gaming and they are failing at that and third party publishers are doing all in their power to push people away from AAA games to push them to Nintendo in that way and this is where Nintendo becomes the issue for them, there is no direct competition only a failure on Sony and Xboxs part (and the industry as a whole) to maintain and keep their customers happy. They, Sony mean, have also said that they see no issue of people migrating to PC which I think is very naive especially when Sony now have their ecosystem on PC, I find this an awful mistake that is going to hurt them drastically down the line if they continue to fail and the AAA industry doesn't get its shit in order.