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CosmicSex said:

Games are not the issue. The issue is the price. It needs to come down by $100. With this in mind, the PS5 is doing far better than it should. The PS5 is at least 25% more expensive than the PS4 when aligned but yet the sales are down by less than 5%. This means rev is WAY up. So what we do know is that components are more expensive this gen. But I still expect Sony to offer a price cut on the PS5 while introducing the Pro at a price of $500-550. And of course, none of this matters because GTA 6 will erase any unit sold deficit the PS5 has right now. I also expect GTA 6 to boost Xbox a bit but of course not enough to even begin to address the deficit to Xbox One.

If games are not the issue why would GTA 6 clear all stock?

Consoles sell based on hype, and there are many kinds of hype, Price Cut hype is one of them but it doesn't last very long. Launch hype can last a lot, which happened with the PS5, it lasted a lot, and the Pro, if received well, can bring that back for a good while too, but Game hype is always the most important long term, a good follow up of big hype games (which may or not be good, what matters is the hype) can keep sales up all year long.

Astro Bot is likely going to be great but it lacks the hype power of games like God of War or Spider Man, and Sony not launching a single big hype game for the entire year is what is mostly causing the decrease.

People have long accepted to pay $500 for a PS5, learning about a price cut will certainly motivate a good bunch of people to get it, but if another God of War were releasing this year Sony could actually increase the PS5 price and it would get a massive sales boost just as well.

Price is mostly an issue at launch, once it's accepted its not an issue anymore, and nowdays $500 is actually not a lot for a product perceived as a good tech piece, people pay double that for a phone, twice or thrice during the lifespan of a console. People pay double that on a GPU alone.

Last edited by BraLoD - on 08 August 2024