Summary

  • Inflation, supply issues exacerbated by the pandemic, and unpredictable trading policies are some of the reasons for the increase in console pricing.
  • These, along with the hope that game sales will help to subsidise hardware costs, are the main factors impacting pricing.
  • Pricing on new gaming consoles has trended downwards for generations, with consoles getting cheaper as time goes on, this trend has begun to reverse itself with OLED models of the Nintendo Switch costing 50, and Xbox Series S and X also increased by 100.
  • This is also rumoured to be influencer by console makers moving away from selling hardware at a loss or breaking even, hoping game sales will offset the loss.
  • As well as this, shareholder profit has never been higher, aligning with corporate greed rumours.

By Andrew Cunningham

Original Article