For a 31 year-old console it's not that alarming.
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Misleading title sorta, or oversimplified. It's PS5 selling less than any other PS before it.
I know, it was a joke :)
Typically, 6 years into a console life, prices are cut dramatically to maintain sales because the majority of people who wanted one already bought one.
This time, prices are UP across the board.
PS5 - Launch - $400/$500
Current - $600/$650
PS5 Pro - Launch - $700
Current - $900
Xbox Series S - Launch - $300
Current - $400/$450
Xbox Series X - Launch - $500
Current - $600/$650/$800
Exactly, it's not hard to explain. Money is also tighter and that will drop a lot of people from buying games right now as well. There is a reason why they sell the console at a loss, they know the exact amount people are willing to pay and this is well beyond that.
Wouldn’t have anything to do with the massive price increases, would it?
This article author do not seem to know the gaming industry. It is normal for a console sale to drop a lot in it's 6th year. The ps5 sale is performing similarly to the previous consoles minus the ps2