"These price increases have multiple intertwining causes, some direct and some less so: inflation, pandemic-era supply crunches, the unpredictable trade policies of the Trump administration, and a gradual shift among console makers away from selling hardware at a loss or breaking even in the hopes that game sales will subsidize the hardware. And you never want to rule out good old shareholder-prioritizing corporate greed.
But one major factor, both in the price increases and in the reduction in drastic “slim”-style redesigns, is technical: the death of Moore’s Law and a noticeable slowdown in the rate at which processors and graphics chips can improve."
Consoles are just increasingly bad value for consumers compared to PCs.
Are they tho? Have you seen graphics card prices?
My 4070 cost $300 and runs everything.
The whole PC cost around $1000, and i have had it since the Xbox One released.
You can get similar performance from a $400 steam deck which is a computer.
On what planet does a Steam Deck give 4070 performance?
And on which does a 4070 cost $300 for that matter? They cost more than a whole PS5.
I took a gamble and bought used from Ebay cuz I saw the deal on user benchmark and it's been working great so far.
If you have a card you want search it on there and sometimes you can get some great finds.
https://www.userbenchmark.com/