Yes, the console model of business evolved, that´s true.
But it´s also undeniably true that the number of clients / customers declined immensely with the departure of the casuals to tablets and smartphones and the fading of the motion controls trend.
Let´s not forget that PS3 and Xbox360 had bad sales on their first and second years in the market (dominated by the Wii) and they just picked up sales in their 3rd year. They took a long time to achieve their peak in sales and we still don´t know when the current devices will peak. XboxOne is already showing signs of saturation in some markets while still completely ignored in the Japanese market.
Handheld gaming also is selling much less than before and we can´t ignore how much they still represent in this market financially.
The market is definetely smaller, but it´s not the end of consoles as we know it, at least not in this generation.
