I was going to say the same thing. Console sales typically peak through years three and four before starting to tail off.
If mid-gen owners want to wait until a new mid-gen refresh next-gen, sales will be something like 20% down on those first three years. Overall sales probably won't be up, but costs to the console companies to make these mid-gen consoles will be. Mid-gen is only beneficial if the buyers double-dip.
IMO, either go generation-less and have a constant growing platform, with more conservative hardware and a longer lifespan with consoles being passed down/sold on but remaining active for software sales and subscriptions, or give up on the mid-gen refreshes unless they are super cheap to implement.
If mid-gen owners want to wait until a new mid-gen refresh next-gen, sales will be something like 20% down on those first three years. Overall sales probably won't be up, but costs to the console companies to make these mid-gen consoles will be. Mid-gen is only beneficial if the buyers double-dip.
IMO, either go generation-less and have a constant growing platform, with more conservative hardware and a longer lifespan with consoles being passed down/sold on but remaining active for software sales and subscriptions, or give up on the mid-gen refreshes unless they are super cheap to implement.