MSFT - Sony PlayStation 5 launch brings new console war into full bloom
The PlayStation 5 has launched - a high-stakes debut for Sony (SNE -0.3%), whose link to consumers is now heavily defined by its game/media console. It's launch date comes just two days after a new generation of Xbox consoles from Microsoft (MSFT +0.2%), and the two heavy hitters are taking different tacks in their living-room battle: Xbox is riding on some powerful specs and a popular game-subscription service, while Sony is launching with high-profile exclusive games such as Spider-Man: Miles Morales. But Sony - which used to have consumer electronics throughout customers' homes - may have more at stake with its console, which is responsible for about a third of revenues overall, and most of the profits. (Gaming makes up about 10% of Microsoft sales, by comparison.) As opposed to Xbox, which took on the hard sell of a simultaneous worldwide launch, Sony is "available" today in Australia, Japan, Mexico,
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Sony PlayStation 5 launch brings new console war into full bloom