I like MS's positioning here not just for cloud, but overall. I'd love a world where I can cross-play, cross-own, and cross-save across a console, desktop, and streaming. They are in the best position to profit regardless of how players prefer to play their games, unlike Stadia, which has an interest in muscling out other forms of AAA gaming because they don't have fingers in those other pies.
The only thing MS doesn't have a strong position in is Mobile/Tablets. Sure streaming can reach it, but mobile devices are now effectively pushing last-gen console level graphics. With wide spread support for PS4/Xbox controllers (iOS 13 supports them natively now), this is a pretty legit platform. If you're Apple, you're probably chuckling at the idea of streaming as the solution to mobile gaming when you're putting world-class silicon into users hands, most of which is underutilized.
The only thing MS doesn't have a strong position in is Mobile/Tablets. Sure streaming can reach it, but mobile devices are now effectively pushing last-gen console level graphics. With wide spread support for PS4/Xbox controllers (iOS 13 supports them natively now), this is a pretty legit platform. If you're Apple, you're probably chuckling at the idea of streaming as the solution to mobile gaming when you're putting world-class silicon into users hands, most of which is underutilized.