Sure, but the experience is different. You can cook a piece of meat in the microwave but it won't be the same as one cooked in an oven or on a stove. I can forsee a future of convergence where a phone is powerful enough to play any games and can just be docked to get the console or PC experience but we're not there yet.
We are already there. Pretty much every iPhone sold for the past 5 years is more powerful than the Nintendo Switch, could be used with controllers and connected to a TV. But they don't seem to bother.
Cinema / 65' TV versus iPhone. It is definitely not the same experience. I own many consoles and more than one gaming PC and I'd never play a game on a phone.
I obviously prefer to play my PC or PlayStation, but will play my Switch if I am in the bathroom, riding shotgun on a long car ride, etc. Mobile games, for me, are essentially waiting room games or something I will whip out if I have exactly 7 minutes to kill.
I don't generally think, "I want to game" and then decide which one is worth the effort in the moment.