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Medisti said:
If they were to launch the PS5 soon, it might not cut into the PS4 as much as people think IF the PS4 gets a decent price drop. The PS2 continued to sell incredibly well even after the PS3 was out. Of course, I don't believe a PS5 would come out this year, but I could end up being wrong.

The PS2 sold well after the release of the PS3 for multiple reasons. For one Sony was still expanding into worldwide markets. Also the PS3 struggled out of the gate, mainly because of the hight price, but also because HD seemingly delayed game development at first (WiiU run into the same struggles with long development cycles. For these reasons the PS2 was still very attractive. I doubt the same happens with PS4. It didn't happen for PS3. Back then people said, the PS3 will sell well past the Wii-numbers, because look how well PS2 did after the release of PS3. Back then I already pointed out, that the PS2 was an abberation in that regard, and I was right.



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