I don't consider Nintendo direct competition and Nintendo doesn't as well. And I expect PS5 to sell between 6-4 and 66/33 against Xbox Series Family (so PS5 basically keeping similar total 120-130, and Xbox improving sales). And if one wants to consider Nintendo on the battle then there is no way PS5 will outsell Xbox and Switch (even if 2) combined.
duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"
http://gamrconnect.vgchartz.com/post.php?id=8808363
Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"
http://gamrconnect.vgchartz.com/post.php?id=9008994
Azzanation: "PS5 wouldn't sold out at launch without scalpers."