Sony (NYSE: SNE) and Microsoft (NASDAQ: MSFT) recently unveiled additional details about the technology powering the new generation of consoles launching later this year. Despite rumors that the COVID-19 outbreak might delay the release of the new devices, neither company has updated the previously announced timeline as of this writing. The current expectation is that the PlayStation 5 and Xbox Series X will be available in time for the holidays.
These two tech giants have battled each other for years for console supremacy, but Sony's PlayStation has always managed to outsell Xbox. The PS4 has outsold the Xbox One two to one, but the PS4 hasn't managed to match its all-time best seller, the PS2, which launched in 2000 and sold over 155 million units.
So who is best positioned to win this next round? Here's what to expect from the new video game consoles.