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VAMatt said:

Sure.  But, selling a mid gen upgrade machine is of no value unless it 1) brings new people into the ecosystem, or 2) gets the people that owned the original version of the system to buy more software.  Basically, selling the systems does nothing good unless they drive additional software sales.  So, if XBX sells 10m units to people that already own XB1 and they continue buying three games per year, MS accomplished nothing.  If Sony  sells 10m PS4 Pro units to people that didn't own a regular PS4, and those people go on to buy some software, then Sony gets some benefit.  

We don't have enough information (at least, I don't) to know how those possible scenarios played out.  

Both midgen were sold for profit, so it can't be considered failures at all.

duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

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"

Azzanation: "PS5 wouldn't sold out at launch without scalpers."