I think it shows fear.
We all know that if MS hits on all cylinders, leverages MS’ market power, and the board is ok with 5 years of losses, xbox will literally kill playstation this gen. The only tech companies that could compete with Microsoft are Apple, Google, Amazon, and maybe Samsung; and they don't give a fuck about premium gaming. Sony isn't the same league at all.
I am OK with that. Sony stopped making games I care about*, so I am hoping MS brings some good, creative stuff and hits on all cylinders and subsidizes gaming for the next five years, even if it makes gaming shitty in 7 years because of no competition.
My wish list includes AA/AAA nonkill games (eg animal crossing), rts, grand strategy, tell-tale-esque games, card battlers without microtransactions, and robust modding scene with no limits like with PC. Also $250 xss because $500USD ps5 is going to be $900 in canada.
*except for astrobot. Game is Nintendo great.