Time is not on PS5's side. One issue that PS5 has is the "early adopter" problem. People often just buy what the system their friends get, so early adopters have a lot of influence on lifetime console sales. Right now a fair amount of early adopters are going to XBox just because it's available. However, PS5 has an even bigger problem in that XBox has all of these huge acquisitions that are currently making exclusive games for XBox. The further this generation continues, the better XBox will look against PS5 in the first party comparison.
...and then there are the people who will just say, "Screw all this. I just need a Switch." And after the Switch 2 eventually comes, then they will only need a Switch 2 as well. Time is not on PS5's side.
curl-6 bet me that PS5 + X|S sales would reach 56m before year end 2023 and he was right.
My Bet With curl-6
My Threads:
Master Thread, Game of the Year/Decade
Switch Will Be #1 All Time
Zelda Will Outsell Mario (Achieved)
How Much Will MH Rise sell?
My Bet With Metallox