Will high prices actually harm Consoles?
People are saying the PS6 will be more than $1,000. But does that really matter? Everyone will eventually be forced to upgrade. It not like we can play on our ps5 for the rest of time. And high prices only harm products if their cheaper competitors. But Xbox will be equally as expensive and gaming PC hella expensive. So the PS6 will look reasonable and the norm. A console lifespan can last 10 years so that plenty of time to save money for a ps6. There also finance plans $1,000/24 months is $41 a month. That isn’t bad. And since gaming is a big part of people life now, why wouldn’t they just spend a couple extra hundreds dollars to get their gaming console. People can also buy less games and use that money to buy the hardware.
There also 50m ps plus subs. That a guarantee base with high disposable income that already spend $80 to $160 a year.