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Maybe the Series X/S, but the PS5 had the strongest launch line up of games in Playstation history (and one of the best launch lineups in general), one if not the most innovative controller of all time, and the PS5 is still out pacing the PS4 despite the semiconductor shortage, and that's with a higher price and launching in more regions like China in it's first year. Sony was more than prepared for a 2020 launch despite a global pandemic.

A delay would only benefit Microsoft tbh.