PS5 Ships 54.8 Million Units as of December 2023, Marvel's Spider-Man 2 Sales Top 10M

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javi741 said:

This generation is truly proving Iwata's/Nintendo's prophecy they had over 20 years ago regarding the industry reaching a dead end.
Iwata stated that graphics & gameplay even back in the 6th gen have peaked for the most part and improvements would become slower to be as appealing and soon the costs & time of developing these games would be too costly for it to be sustainable for a limited amount of demand, which is the main reason why Nintendo went the direction of focusing on creating relatively cheap hardware & software that is still just as fun to play as more expensive pieces of software & hardware, it's called the "Lateral thinking with seasoned technology" philosiphy that has made Nintendo the most profitable video game company out there right now.

It's a major problem right now for a platform that's going to sell 100M+ units with high software sales to still struggle this much with profit margins to the point where they have to become multiplatform. Xbox is doing a similiar thing also. There definitely needs to be a major shift in game/console design in the future from these companies

It does seem like Microsoft saw this coming, which is why they release all their games day one on PC and will likely start releasing at least some games on PlayStation and Nintendo platforms.