There's nothing wrong with speculating and using reason, logic and common sense. Phil can announce he's coming out of the closet for all we know but logically I'm just going off of things that have been done before for the longest.like you said, we don't even know what this "event" is about, so how can we compare it to whatever from the past?
Like I wouldn't expect Sony to show a video during a SOP of Neil Druckkman crying in his office because TLOU Factions was cancelled lol.
I'm not saying Phil is going to be a sobbing mess and announce that Xbox is done and for him to publicly reveal his Coli alias and show a message of him to Meach telling them it's over.... but I don't think this "event" would merely be announcements of games that aren't even well known like that.