Microsoft did confirm next gen consoles. Even if they release a low cost lockheart that is for streaming and 1440p/60fps resolution, wont it negate the purpose of xbox one x? If a consumer was to decide on what MS route to go: High End Scarlett, Mid Range Lockhart, Xbox One X, how would they differentiate? Versus Sony is saying there is only PS5 and there is no reason for you to hold on to ps4 and ps4pro and whatever you have for ps4 and ps4pro will transition to ps5 effortlessly.
I dont see Microsoft beating Sony for next gen but they will be a close second. Eventually MS will win because of streaming and their ecosystem several decades down the line. MS is thinking long term and playing the waiting game. I am not sure what Sonys long-term plans are several decades down the line. How many hardware refreshes do you need until connectivity (wifi6, wifi7, 5g, 6g) will dismantle the need for hardware refreshes and physical media?