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I don't think things are quite as gloomy for the PS5 as many here suggest.
Yes, its selling poorly at the moment due to supply issues, but with all the pent up demand it could see a huge resurgence once the stock finally becomes available. The chip crunch in its early years may also lead this generation to last longer than usual as Sony/MS try to recoup their early losses.
I don't think it's out of the question that PS5 can still catch up and outsell PS4 by seeing higher peaks than its predecessor ever did.