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znake said:

PS5 is doing so bad

It's more or less getting back in track with how prior playstations (3 & 4) performed (LTD), people have had really unrealistic expectations for playstation hardware on both end of the spectrum. In the early years when it was supply constraint some were doubting whether it would outsell the Wii U, then last year when it had it's mega inflated sales due to built up demand suddenly people expected that to be the baseline. 

The question is will the system be able to repeak, or at least establish a higher baseline further down the road (Price cut/Slim Model/Monster Hunter/King Hearts etc) or whether this slow down is permanent. A second wind would be expected with 2025 looking to be a huge year, but I don't know whether a price cut is gauranteed which is kind of needed to enable it.