Even Microsoft has admitted (between the lines) that cloud gaming isn't as profitable as just selling games. And it's not just one company that's failed either.

Even Microsoft has admitted (between the lines) that cloud gaming isn't as profitable as just selling games. And it's not just one company that's failed either. Google, Onlive, Gaikai, there was a company that made a Cloud console a couple years back, the list goes on. Besides, the latency will never be low enough, and the bandwidth cheap enough, for a lot of people to make it a viable solution.