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AlfredoTurkey said:

Genesis came out three years after the Master System. N64 came out five years after SNES. Gamecube came out five years after N64 and Wii came out five years after Gamecube. Dreamcast came out four years after Saturn. PS2 came out five years after PS1. Xbox 360 came out four years after Xbox. Switch came out four years after Wii U.

So, since NES launched, which is the modern era, eight home consoles launched within five years or less. Three consoles launched within six years and only two were seven or more years... unless my numbers are off.

That is not how it works.

The key question is: Is there new technology that is affordable for a mass market product. In the heydays of computing, a technology jump roughly happened every other year. These days are long gone. Nowadays technology "jumps" in the percent range.

If you want a PS5 this year (not going to happen, absolutely not), you'd get 14nm stuff. In the end something a little faster than an XBox1X. That is not worth the effort, given the PS4Pro is already close there. End of 2019 is technically feasible, but with still expensive and fresh (hence unoptimised) 7nm technology.