Resident Evil, Assassin's Creed, and other AAA titles bomb on iPhone/iPad

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By the time phones reach the point of being able to easily handle AAA PS5/XBS games, console gaming will have moved on to PS6 and Nextbox.
The laws of physics simply prevent a phone with its tiny form factor from competing with a big box plugged into the mains and with active cooling.

As to whether ports like this are worth it, the market seems to have spoken with a resounding "no".