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src said:

Bad analysis.

Demographics are a thing. You can't expect India's population to be buying $400 game consoles when they don't even buy $400 phones. You have completely missed the economic demographics of each population. The gaming population right now in India is miniscule, and depends on the economic growth of the population in that country, which will take more than 5 years. Same with the other developing nations mentioned.

Furthermore, a digital only console is DEAD in these countries where internet infrastructure is not reliable, costly and in some cases not even built out.

I agree that a digital-only console won't be popular in places where internet isn't reliable, is costly, or doesn't exist.

That said, a miniscule portion of a 1.4 billion person population might still do more to move the needle on global console sales than, say, Canada or Australia does.

I'm not sure what $400 game console you're referring to in a discussion about the Series S, though.  It's $300 USD (generally the default "$" is the USD, unless specified otherwise).