Microsoft Backtracks on the Xbox One, but Is the Damage Already Done?
Jun 23rd 2013 3:00PM
Updated Jun 23rd 2013 3:02PM
The following video is from The Motley Fool's weekly Tech Review, in which host Chris Hill talks all things tech with Fool analysts Eric Bleeker and Lyons George.
This week, Microsoft announced a reversal of its position regarding its upcoming Xbox One console, which will no longer be DRM-restricted. Consumers had long been expressing that they would be dissatisfied with having DRM restrictions in the console, and while initially Microsoft had taken a stance in defense of the feature, the major momentum shifts in favor of competitor Sony with its upcoming new iteration of its PlayStation have finally pushed Microsoft into this reversal. Did the shift come too late for the Xbox One to regain lost traction? In this video, Lyons and Eric discuss the gaming-console competitive landscape, and which of these two companies holds the advantage at the moment.
It's been a frustrating path for Microsoft investors, who've watched the company fail to capitalize on the incredible growth in mobile over the past decade. However, with the release of its own tablet, along with the widely anticipated Windows 8 operating system, the company is looking to make a splash in this booming market. In a new premium report on Microsoft, a Motley Fool analyst explains that while the opportunity is huge, so are the challenges. The report includes regular updates as key events occur, so make sure to claim a copy of this report now by clicking here.
The relevant video segment can be found between 6:45 and 10:53.
The article Microsoft Backtracks on the Xbox One, but Is the Damage Already Done? originally appeared on Fool.com.Chris Hill, Eric Bleeker, CFA, and Lyons George have no position in any stocks mentioned. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.