It was a disappointing January 2020 for all consoles in the United States, but fascinatingly the PlayStation 4 and Xbox One performed worse than the PlayStation 3 and Xbox 360 in January 2013. This is pertinent because both instances represent the final January of their respective hardware cycles.
Why, then, do current-gen consoles appear to be tailing off faster than their predecessors? Well, first of all, it’s perhaps worth keeping in mind that this could be anomaly – a mere example of a bad month. Alternatively, it could be because more has been announced about the PlayStation 5 and Xbox Series X than had been said about the PS4 and Xbox One at the same point seven years ago. Both upcoming consoles, of course, will feature backwards compatibility.
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Source: PushSquare: http://www.pushsquare.com/news/2020/02/ps4_and_xbox_one_sales_worse_in_january_2020_compared_to_ps3_and_xbox_360_in_january_2013