Game Console Market Craters: Xbox and PS5 Sales Plummet Over 25%

erek

erek

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"Piscatella said price sensitivity is becoming a real problem among gamers, especially as the chip shortage has pushed console manufacturers to raise prices. Microsoft has raised the price of the Xbox three times in the past two years, with the 512GB versions jumping by $100 and 1TB models becoming $150 more expensive. Worse, the company has killed off the 2TB model. This brought the Xbox Series S to $499.99 (512GB) and $599.99 (1TB), while the Xbox Series X now costs $749.99 for the Digital Edition, and the disc version costs $50 more at $799.99.

PlayStation fans haven't escaped these price hikes, as Sony raised prices for that console by $100 to $150. The base Digital Edition PS5 now costs $599.99, while the version with an optical drive is priced at $649.99. If you want the PS5 Pro, you'll have to shell out $899.99, while those who want to stream games from their console via the PlayStation Portal must now pay $249.99 — $50 higher than its $199.99 launch price. Even used consoles didn't escape inflation, with Sony bumping the price of refurbished PS5 Slim consoles by $100, bringing them to $399.
"Still, Piscatella says the U.S. hardware market has never been more precarious since the early 1980s.""

Source: https://hardware.slashdot.org/story...et-craters-xbox-and-ps5-sales-plummet-over-25
 
Armenius said:
We're almost 7 years into this console generation and prices have gone up instead of down. The PlayStation 2 was $130 at this point in its lifespan.
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I was like "no we are not, stop making up numbers" oh wait, dang they have been out for quite a bit now.

I got my 5 and my 5pro two years ago, I would absolutely not get one now at the prices they are at.
 
The most insane price increase to me is Nintendo increasing the Switch 1 price after almost a decade of being out and the Switch 2 launching, lol. Even at current memory prices that thing can't cost for than more than $100 or so to manufacture, esp. the base and Lite model with the crappy LCDs in them.
 
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