Why PlayStation and Xbox are no longer about the station or the box

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They used to be called the "console wars," and to the victor went the spoils. When Sony's PlayStation and PlayStation 2 dominated the Sega, Nintendo, and Microsoft competition, selling over a hundred million boxes into our living rooms - each! - they created a profitable virtuous cycle. More consoles meant selling more games, which meant attracting more developers ...

Read the full story at The Verge.