Sony (NYSE:SNE) won the E3 gaming conference this year, hands down. Gamers watched Sony make all the right moves with the Playstation 4 while Microsoft (NASDAQ:MSFT) dug itself a dangerously deep hole of content-use restrictions, capped by an oppressively high product price.

Redmond heard the complaints, loud and clear. The Xbox One will now come without a lot of the restrictions that made it look like an early loser. Suddenly, the system has jumped ahead of Sony's rival product in online pre-order sales lists.

Microsoft is a contender again. The only sure thing about this holiday season's video game race is that Nintendo (NASDAQOTH:NTDOY) will eat Microsoft's and Sony's dust. If Mario makes a real comeback, it will happen long after this year's Black Friday.

In the video below, Fool contributor Anders Bylund walks you through how he arrived at that conclusion.

Fool contributor Anders Bylund holds no position in any company mentioned. Check out Anders' bio and holdings or follow him on Twitter and Google+.

The Motley Fool recommends Nintendo. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.