Year over year growth doesn't mean better than PS4. Xbox is shitting the bed. PS5 is not doing anywhere near PS4 + 1/2 of Xbox's decline. That is pretty strong data that consoles are not doing great. It's not dying out, it's just not growing fast.
I really don't know why you console fanatics can so easily ignore hard numbers like this. PS5 sold less than PS4 to this point in it's life. Xbox Series sold much less than Xbone. If consoles were doing gangbusters why are both down? If PS5 is winning so hard, why didn't it convert more people who had Xbones?