There's more competition than ever before. That is the problem here. iPhone, Steam, Apple, Linux. All those platforms have opened up stealing away niches which have always just settled for a console until now. iPhone is that casual market, and Steam Apple and Linux are hardcore markets. Those didn't have the same dominance they do now last gen.
Not to mention games are getting more and more generic. Things like Katamari Damacy aren't getting made anymore. NOTE: Yes those kinds of games are on the Indie market that's a point in the steam category, not one in the PS4 side. The people who like that niche won't have a reason to buy a PS4 over just buying something on Steam.







