Not sure about the price, but as for sales no. The PS5 in its first year consistently outsold the PS4 in its first year, and it probably would have been more if they didn’t have so many supply issues. They were selling every PS5 manufactured before they ever reached store shelves for at least the first year and well into the second year. The PS4 was readily available in stores only a few months after launch.
There was a period where PS5 sales compared to PS4 dipped, but in the last 6 months the PS5 has been selling more than PS4 during the same time period and the gap is currently widening.
Yeah like I get that the PS5 exclusive games are lacking but for anyone to suggest the hardware isn’t a huge upgrade in quality and usability is just nuts. As a PC gamer primarily, I can say that this is what upgrades are now. We’re not getting PS2 to PS3 jumps anymore. Consoles are just mid-grade gaming PCs and they’re going to get mid-grade PC upgrades and that’s ok.
I still use a GTX 1060 from 2017 in my PC. Just because it’s usable doesn’t mean an upgrade to a 4060 would be pointless.