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Pajderman said:

I think Microsoft will try and fill their own cap so to speak.
If the next move from them is a flop, it might take some time and then they will appear with a rebrand of Microsoft's gaming division, leaving the Xbox name.
That is at least what I think will happen.

Well the new AI boss already said she is commited to keeping the multiplaform form MS has been going on, so I don't see Xbox pushing any real competition in the console space anymore.