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Mr Puggsly on 10 May 2019
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UltimateGamer1982 said:
Mr Puggsly said:

7th gen hardware sales dropped fast even though new consoles were $400-500. Also, based on software sales its evident that avid gamers were to first to upgrade because 7th gen software sales also declined quickly. Now we also have Trump saving the world, so people have more money for consoles!

In theory the PS3 and 360 should have had a long shelf life, they should have had significant price drops as $99 was often rumored, but it didn't happen. Both declined in sales quickly and major software support ended sooner than expected along with cancellations. Even as popular as PS4 is at the moment, avid gamers will want a PS5 and that's where the major revenue goes.

Ultimately, what does a long shelf life really mean? Regardless how long 8th gen consoles stay on shelves, sales will be a fraction when the 9th gen is here.

PS3 and 360 was a totally different animal. The cell processor alone was the reason Sony never got it to $99, that and the hard drive cost made it impossible. Plus, PS3 was nowhere near as popular as PS2 and PS4 as it often had inferior multi plat ports compared to the 360 versions. 

For 360, Microsoft lost their ass on it with the rrod three year warranty extension that cost them in excess of $1Bil. You think they were gonna lower the price after all that? 

PS3 didn't struggle because it had inferior ports. Price was a bigger factor in the early years, plus Xbox was a better competitor in the 7th gen for various reasons.

I'm arguing they don't want to sell cheap last gen consoles anymore while new consoles are on the market. I feel 360 and PS3 didn't get really cheap because they wanted the higher revenue and they wanted consumers to move to the next gen.

Its also worth noting if you really want a cheap last gen console, the used market like Gamestop is pretty great for that. A used X1 or PS4 will probably be $99-$149 when the next gen starts.

Last edited by Mr Puggsly - on 10 May 2019

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