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Pyro as Bill said:
If PS4's competition was selling 85m consoles each like Wii's then it would never do it. As things stand, PS4 has had an easy ride and should manage it by 2020.

If Nintendo sold 85M consoles it wouldn't affect Sony, Nintendo's main audience with Wii were the non-gamers, they weren't even casuals, they were people who never played a game before in their life, and they all left as mobiles emerged. The Switch won't affect it either, I saw a poll last week what console/devices Switch users have most, the 3DS towered above everything else. Looks like handheld owners are upgrading, rather than Ninty stealing from the Sony crowd. I think many PS4 users see it as a side console rather than replacement. Now if you're talking about Xbox specifcally, that's true. They have the same multiplats. Combined PS360 sales are between 170-180M, that's approx the same amount of PS2+Xbox. Sony is getting back the sales it lost to 360. But not only that, PS4 is also trending in new emerging markets. You dont realize how much of a global brand Playstation is, Xbox will never compete with it outside US and UK.

Btw it always amuses me when people say PS4 had an easy ride or it succeeded because MS messed up, as if PS4 was people's second choice or something.