The problem right now is they were sold and prices such that they were less expensive than a high end gaming PC. Now they’re getting into the price of a gaming PC (with the recent increases) at a time when people have less disposable income. They were always for people who could afford their price point. Right now those same people likely can’t afford their price point (PS5 launch price was $500) and usually at this point in their life cycle they get discounted. Instead they have gone up in price at a time when people just don’t have the money for them. The game prices have been increasing as well (PS5 now retails at $100 more than launch price halfway through what’s assumed to be a 10 year life cycle).
These prices will likely continue to rise (because consoles are manufactured and sold on such thin profit margins) as the components to keep manufacturing them continue to get more expensive.
If/when the bubble pops we’ll see if they stay at high prices or get discounted but as of right now the article is correct. It’s hard to be relevant when you’re pricing your users out of buying your product because you’re being priced out on the component end.
The problem right now is they were sold and prices such that they were less expensive than a high end gaming PC. Now they’re getting into the price of a gaming PC (with the recent increases) at a time when people have less disposable income. They were always for people who could afford their price point. Right now those same people likely can’t afford their price point (PS5 launch price was $500) and usually at this point in their life cycle they get discounted. Instead they have gone up in price at a time when people just don’t have the money for them. The game prices have been increasing as well (PS5 now retails at $100 more than launch price halfway through what’s assumed to be a 10 year life cycle).
These prices will likely continue to rise (because consoles are manufactured and sold on such thin profit margins) as the components to keep manufacturing them continue to get more expensive.
If/when the bubble pops we’ll see if they stay at high prices or get discounted but as of right now the article is correct. It’s hard to be relevant when you’re pricing your users out of buying your product because you’re being priced out on the component end.