Forbes: Microsoft Should Give XBox One To Nintendo

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kitler53 said:

Will game console sales decline like PC sales?

On top of profit worries is the threat that console market growth may stagnate as gamers migrate toward games on mobile devices.  How this will affect sales is unknown.  But given what happened to PC   sales it’s not hard to imagine the market for consoles to become smaller each year, dominated by dedicated game players, while the majority of casual game players move to their convenient always-on device.

Due to its limited product range, Nintendo is in a “fight to the death” to win in gaming. Sony is now selling its PC business, and lacks strong offerings in most consumer products markets (like TVs) while facing extremely tough competition from Samsung and LG.  Sony, likewise, cannot afford to abandon the Playstation business, and will be forced to engage in this profit killing battle to attract developers and end-use customers.

The PC as a whole is indeed in decline, but only for content consumption. (Movies and casual games.)
Content creation is an entirely different situation. (You wouldn't be going through a million lines of code on a tablet for instance then compiling.)

And PC gaming is actually on the increase, Steam is gaining active users at a rate of 15% a year and doesn't look like it's slowing any time soon.
It's Sony's own fault for not targeting certain demographics in the PC space that led to it's failure, there are still 300+ million machines sold a year which they could have partaken in.