Does Microsoft's Xbox Series S Spell Trouble for Sony's PS5?

Does Microsoft's Xbox Series S Spell Trouble for Sony's PS5?

Microsoft (NASDAQ: MSFT) recently announced the official prices for its Xbox Series X and Xbox Series S gaming consoles. The price of the Series X wasn't surprising, but the Series S's low price likely stunned Sony (NYSE: SNE), which still hasn't revealed the prices for its PS5 and PS5 Digital Edition consoles. Let's discuss why Microsoft aimed so low, and how Sony might react to the Series S.