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This is a two year old article but after E3 it seems that sony is right on track. Specially this:
This, perhaps, explains why the Xbox project is so important to Microsoft - not just because of the games market, but because Sony and its Cell partners represent the most serious threat to Microsoft and Intel's dominance of the computing market ever made. As set top boxes, mobile phones and small network media devices become more and more powerful, the role of a central PC will become smaller - and for Microsoft, the prospect of these new devices being based on non-Intel chips and running non-Microsoft operating systems is undoubtedly a terrifying one.
http://www.gamesindustry.biz/content_page.php?section_name=dev&aid=1560
This, perhaps, explains why the Xbox project is so important to Microsoft - not just because of the games market, but because Sony and its Cell partners represent the most serious threat to Microsoft and Intel's dominance of the computing market ever made. As set top boxes, mobile phones and small network media devices become more and more powerful, the role of a central PC will become smaller - and for Microsoft, the prospect of these new devices being based on non-Intel chips and running non-Microsoft operating systems is undoubtedly a terrifying one.
http://www.gamesindustry.biz/content_page.php?section_name=dev&aid=1560