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I would not count out Xbox yet even if i never saw a reason to have one of their systems.
When SEGA left the console market Xbox sort of felt like the spiritual successor.

There are similarities with the crashout from both companies. Large amounts of money spent on things that did not result in a lot of profits. But Xbox feels more like a silent departure. Where SEGA focused on producing games, Xbox seems more interested in simply owning them and not do much.
I think something is brewing at Microsoft, we have not heard the last from them.