Isn't the Console gaming industry supposed to be dead already?

So, we heard over and over again how mobile gaming was going to take over the world and that console gaming was dead already.

However, this is not what we are seen today on E3, the gaming industry is at its finest, sequels, new IPs, indie games, the future looks brilliant for us console gamers.

I guess mobile gaming came to reclaim the space solitaire, miniclips and farmville had years ago.