Here is what Playstation's growth looks like. And this is only going back to 2016.
It's up 2.5x. If thats not growth, i dont know what is. The profits are only down because they have been paying off the bungie purchase. they are still making billions in profits that afforded them the ability to put down nearly $4 billion in the first place.
What he's doing is using the Wii's massive sales year to make this determination. BTW, speaking of old people, Wii was being bought by senior citizens in the millions. It was a bit hit in nursing homes.
Sony just sold 22 million PS5s in one year. Thats more than the PS4 ever did and PS2 only accomplished twice. Playstation has a 100 million monthly active users. Does Matt look at the monthly active users in 2008? Or how about 46 million paid PS+ users? What was it in 2008? oh right, ZERO.
The problem with simply looking at hardware is that it doesnt capture the overall health of the industry. Sony makes around 18-20 billion in revenues every year. Nintendo around 15 billion.
Looking at hardware alone when the DS, PSP, and Wii were selling insane number of units is not a true indicator of growth.