I respectively disagree.

I think Microsoft has put Sony in an impossible spot and, with the Activision merger about to go through, Sony is going to have an even harder time. The pandemic, I believe, has masked that people are migrating more and more to PC. Migrating to PC is a win for Microsoft. Kids play Switch and then are jumping right to PC. I don’t hear about a lot of Gen Z kids talk about PlayStation and have even heard it referred to as a boomer console and anecdotally the PlayStation crowd seems to be predominately 30+.