Microsoft isn't afraid of Sony's PlayStation 4 Pro

Sony unveiled its next big iteration of the PlayStation 4 last night. Dubbed PlayStation 4 Pro, the new console includes a faster processor, better graphics, and support for 4K resolution. It comes just months after Microsoft surprisingly unveiled its Project Scorpio console, a successor to the Xbox One that's capable of running 4K-native games.

While Sony's new console will debut next month, Microsoft's Xbox One upgrade won't arrive until the end of next year. Despite this, Microsoft doesn't appear to be afraid of Sony's new PlayStation 4 Pro. "I feel pretty good about the decisions we've made," says Albert Penello, director of product management and planning at Xbox, in an interview with Polygon. "Both we and Sony are investing in 4K...

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