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Zekkyou said:
Farsala said:

Handhelds and Wii  did well but mostly in just unit sales after all. The console market is much more healthy with very few closures compared to those days.I am sure Sony MS and NIntendo could have been A LOT more liberal with their price cuts ex: $99 Vita, Wii U, $149 PS4, XB1, Switch and gotten more unit sales. But that would mean much less revenue and less healthy market like in the 7th gen.

While the PS2, Wii, DS, PSP, PS3, 360 all had good unit sales, they didn't exactly lead to more profits like most video game companies are finding now.

Eh? The DS, Wii, and PSP didn't just do well in unit sales, they represented 50% of all the software sold in that generation too. The Wii + DS in particular lead to the most profitable period in Nintendo's history. I don't disagree that hardware sales aren't what determine market health, but my original comment wasn't about that.

Those SW sales, especially for the PSP weren't very profitable. PSP was a massive pirate system.  Sure Sony could have kept a lower price and very piratable features for the Vita, but they didn't want that. 360 will definitely outsell XB1, but I think MS much prefers the XB1. PS4 on its way to 100m at $299/$399, when at this point in time  PS2 got to $149 and soon to $99.

All I am trying to point out is that; it would be very easy for console companies to get bigger unit sales but they chose not to go that route.