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curl-6 said:
They could have put out consoles in 2013 that were significantly more powerful than PS4/Xbone.
They chose not to because of how much money 360 and PS3 lost early on for being high end juggernauts. Their limitations are more the result of financial prudence than technological barriers.

I think the same financial prudence would have yielded massively more powerful consoles CPU wise by later this year or into next year. Jaguar is terrible.

28nm took too long to get replaced, and 2013 was the tail end. Sadly it's not like Intel+Nvidia was affordable enough to use in consoles, but AMD will soon have moved from awful CPU performance in that TDP to above-average.