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I think it makes sense to believe that consoles will eventually become obsolete. . But I don't think any current solution will "kill" the consoles. The smartphones still offer a lot of challenges like battery life, processing power and lack of unified specs. There are so many different smartphones in the market that I think in the end, the user base for AAA games is way smaller than it is on consoles, the same reason why the user base on PCs is always smaller, even though everybody has a PC. Maybe the smartphones will get so cheap that everyone will have high end ones. Streaming is a good solution but it's not going to happen soon, there are still countries with no access to good quality internet, a normal console with optional streaming is more likely. I think the problem consoles are facing now is the full migration of the casual market. 15 years ago, casual players would buy consoles to play games like Rock Band, Tony Hawk's Pro Skater or Mario Party. They are not going to do that anymore because there are cheaper options available. Can the market survive without those consumers?