With how high demand remains for all game consoles, and with how bad the supply situation still is, I was wondering if the global economic situation is going to screw up the cadence of price cuts this time around. Usually close to this time in a new generation, we start hearing rumblings of price cuts, or at least one has already happened.
But the companies really have no incentive right now or into the near future. And it’s making me wonder: will it be 2023 before we see the first price cut? God forbid 2024? And what do you all think the final price floors will be for the consoles?
If I'm a manufacturer and I'm selling everything I can make, no way I'm dropping prices.