There is no point being made. There's no reason they can't sell games on PC and on their console, like every other company does. It makes no sense not to, they'd make millions more.

in fact consoles are even sold at a loss, specifically because they expect to make more off of individual game sales. So to have someone else emulate the console for free, and even act as a platform they could sell their games on without porting it over to PC would be nothing but beneficial to them.

You're basically trying to defend someone that goes "I have an infinite supply of icing that anyone can take from for free. I can give everybody the option of buying it if I want. But I'll only sell it to people that buy it with my cake mix. Everyone else gets it free."

like why? What's the purpose? You aren't preventing piracy, and you're losing money in the process. How does this help you?