A380 was officially started in 1993.
747 orders per year, starting 1993
2, 16, 32, 56, 36, 15, 35, 26, 16, 17, 4, 10, 43, 72
I don't see "falling". At best, I see cycles.
Ironically in 1993, the year A380 design work began, the 747 had it's worst sales year ever (till then), with only 2 orders.
The A380 was approved for production in 2000. In 2005, Boeing announced the 747-8 to better compete with the A380.
From 2000-2009, the 747 had 214 total orders, almost all after 747-8 was announced. The A380 had 212. Combined that's 43 orders a year. The market did not grow, despite substantially better, more capable, and more efficient, products.
From 2010-2017, the 747 and A380 have booked 18 orders per year combined. It is by far the smallest jumbo market since it was created. And what point to point advocates predicted.
I think part of the parent's point is that, even in a stagnant market, Airbus basically took half of it from what was previously a monopolist. Those 43 orders per year used to be all for Boeing, and now they only get half. That's a victory of sort, regardless of where the market is going for both companies.
Airbus does not have large cross section twin. Hence the A350xwb is critical to their future, not A330neo. Large cross section ETOPS twin 777X is the real 747 replacement. A380 is a halo product and not 747 replacement. The market is too small for A380 production run vs RnD costs.
Now Airbus product line is more secure. A350xwb completes their prouct line-up. Single aisle, medium cross section twin, large cross section twin.