This year marks the 8th battle in the so-called "Console Wars," with the release of long-awaited sequels to Microsoft's (MSFT) XBox 360 and Sony's (SNE) Playstation 3. With Microsoft set to reveal at least some details of its new console next week ahead of June's E3, Breakout asked Wedbush' Michael Pachter to help handicap the high stakes battle for your living room TV.
In the attached video Pachter says this round will be all about multimedia and Microsoft has the early lead. Pachter expects this to finally be the year when the gaming console becomes the long-awaited Trojan Horse for the living room. That doesn't just mean connecting to your digital content or being able to talk to your friends while gaming. We can do that now. It's not even going to be a matter of tweaking the Xbox Kinect or adding Skype features. Think bigger.Read More »from Microsoft’s Next-Gen Xbox Will Change the World: Pachter