People are misunderstanding a report about PS5 components.— Mike Futter (V.2020.42) (@Futterish) February 14, 2020
If the console mfr costs $450, there is still packaging, shipping wholesale, and retail to consider. $450 isn't where the cost stops... it's where it starts.
So 450 USD is just build cost (hardware part cost) not include with packaging cost, shipping cost, and retail cost . 450 usd is just the start of the cost. PS4 was build with 380 USD BOM (hardware part cost) then total cost are around 399 USD. So the indeed PS4 was sold at lost.