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badskywalker said:

The thing about the switch coming out a few years into the PS4's lifetime is
A) The PS4 already had its momentum going
B) I find it hard to say the Switch and PS4 were really competing over the same demographic, could be wrong as many PS4/X1 owners do own a switch, but the switch has also incorporated the audience of the handhelds, and people who don't really game all that much.

The way I see it, if I'm a platform holder in the video game space and someone else makes a platform in the video game space... That's a competitor. Also, the PS4 already had it's momentum, but that didn't prevent the Switch from putting up 70+ million units sold before it's been on the market for 4 years.