Oh yeah totally. They won’t announce a new console or anything - they’d be mad to - but it needs to be more than upscaled ports of 360 games this year.
Just not sure ANOTHER Halo or Forza will alter their fortunes. Sony have invested in a Dark Souls successor, the final Ueda game in the trilogy, rebooted God of War, started a whole new IP in Horizon and invested in VR. Not all of those things were spot on, but that is pretty epic to be fair. There are other things like Death Stranding, Last of Us 2 and Spiderman lurking too.
Third party support alone isn’t why people are buying Playstation’s, so they need to figure out how to take on Sony and Nintendo when their brands are essentially weak or tired.