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I'd just go with a $449 price point and take the ~$25-$30 loss per console. They'd break even with the sale of a single 1st party game. A similar situation to this gen.

Though, if they really want people to move on to the PS5 quicker and completely crush it again next gen, it may be worth it to just take the ~$75-$80 hit per console. It's much less than the PS3's losses of $200+, and considering that they are using more off the shelf parts, prices will drop much quicker.