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curl-6 said:

Every console stops selling eventually, sometimes quickly, but it's important to note that that's not strictly "cliff theory".

The whole meme of "Switch sales will fall off a cliff" was not that Switch would someday come to a rapid halt, but specifically that its sales would collapse early or in the prime of its life; it started with "Switch sales will fall off a cliff in 2018" which then became "Switch sales will fall off a cliff in 2019" and so on and so forth.

Switch sales dropping off once its successor comes out isn't "cliff theory".

It is when the person is predicting it will sell like DS after the 3DS released.  Out of all major selling consoles, the DS had the worst tail end performance.  This is still predicting that the Switch will perform like the worst case scenario.