[sarsway]

Mobile market is gigantic, Apple & Samsung make like 10x the money, they have much bigger teams.

People don't buy a new phone every year.

A lot of people buy $300 Android or previous generation iPhones.

A lot of people still do multi year contracts.

Most years the phones are just slightly updated versions of their predecessors, not complete new developments.

Console sometimes release updated versions as well.

Consoles need to be affordable for younger people.

Phone money is in hardware and micro-transactions. Console money is in game purchases. Consoles do best with a fresh slate every handful of years.