What about the 2011 PSN hack? The DS4 battery life? Knack? Don't tell me you already forgot about the recent crossplay debacle?
Harsh? Maybe. But you're being naive if you think that Sony can't lose. All of the big three are capable of screwing things up if they don't keep each other in check. And the $600 PS3 was not $600 for very long, so I don't think it was the sole reason they lost the gen.
Also, and I'm telling you this because it's actually something I found out recently, but did you know Sony posted operating losses for much of the PS3s lifespan, and I believe many quarters of the PS4s lifespan operated at a loss as well. I had always thought Sony was raking in the dough but then someone posted a chart that showed profits, and it was weird because Nintendo has almost always been profitable.
In Europe and Japan, PS will always win, no question, most people here do not even consider whatever Microsoft is doing, most of my friends are not even interested in checking the new xbox series X, people just do not care at all, everyone wants a ps5 and are already saving for it, even without knowing anything about it. That's Europe, Japan is even worse.
It reminded me when GT sport launched and I kept telling people how much better forza 7 was on the X in native 4K, over 700 cars (against around 100), a huge single player campaign and dynamic weather, people still didn't want to hear it, even people who do not play online still prefer GT, just because its playstation.
My point is, here in Europe gamers are nonsensical and a bit fanatic for playstation, doesn't matter if the specs are worse or if the price of the console is double. Sony could even launch the ps5 without games and people will find reasons why its still better than series X.
Sony really cant lose, even if Microsoft launched the console 1 year earlier at much higer price, even if their controller didn't have rumble (ps3)