I don't think anyone will take Microsoft's place in the Gaming Industry.

Microshaft lost PC gaming to Valve a long time ago, and the Xbox is a non-factor at this point, what place is there to take anyway?
 
Sega could easily replace Microsoft. And people would be so excited they would forget that Xbox ever even existed.
They have nowhere near the resources nor the pool of studios nor a lot of things. Sega as a console maker died with Isao Okawa, sadly.
 
If all you want is a box with a decently cheap flow of games, which is all the space XBOX is actually leaving behind, Lord Gaben can provide. There is evidence they are making a box, though not sure when/if it'll come out.
 

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