While this could change, and its definitely time for their predecessors to be replaced, PS5 and Xbox Series X feel rushed at this point, in that so much of what they had to show in terms of games was just CGI/cinematics, with little actual gameplay. Feels like the hardware is ready but the games are not.
Well the most relevant launch title for Switch was a game that should have been released for WiiU and they just hold out.
Sony could have done it and put TLOU2 and GoT to launch on PS5 as crossgen instead of earlier in the year, MS could also hold some of the smaller titles release in this year plus Gears 5, besides Halo Infinite that is already on the plan.
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."