Because they are Sony haters, so PS5 being that successful is bad news for them.
PS2 didn't have much competition
It had Nintendo, Sega, Xbox, and in portables even Nokia or Bandai's Wonderswan. PS2 destroyed them all, but had a lot of competition.
PS3 outsold Xbox 360 every month since it launched.
Only the year head start (16 month head start in Europe) made 360 look like it was winning.
Not sure about the US (main Xbox/360 market), but launch aligned worldwide yes. At least per fiscal quarters/years PS3 kept outselling it and had a longer life.
I’d bet that if Sony didn’t have exclusives, this argument would fall apart. Why? Because the argument relies on exclusives just as much as Sony’s revenue does. Their financial success isn’t necessarily a reflection of how good or bad this generation is, but rather a testament to how successful their exclusives have been.
The exclusives (at least 1st party) represent a very small portion of PS game sales, and even a way smaller portion of SIE's total revenue. You have the numbers in their quarterly fiscal reports.
Ah yes, Remake after remake, one game per studio a gen (if we're lucky) and cancelations/studio shutdowns left and right.
Sony's games broke sales records with titles released in 2020, 2022, 2023 and 2024. Last year, they were -again, nothing new- the company that received more awards with Astro Bot, Helldivers 2, Destiny 2 The Final Shape, Stellar Blade or even Lego Horizon.
Their consoles have record numbers in many metrics, like active userbase. And are also making record devenue in hardware, software, accesories, game subs, off-PS 1st party game revenue and movie/tv show adaptations.
Game cancellations and studio closures are normal part of the job. As it is the other games they greenlight and the studio expansions or acquisitions they also have.
They are doing a great job. To look only at remakes and cancellations/closures is nonsensical.