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G2ThaUNiT said:
JackHandy said:

When the PS3 launched, Sony was losing 200-300 dollars on each console sold because back then, the industry practice was to recoup via software. If they wanted the prices to come down now, they could easily do it. They do not want to. Because people will now pay whatever they're told to pay.

What's especially crazy is that with the PS3, Sony lost over $4 billion that gen. The only time PlayStation was never profitable.

PS5 gen, Sony has made more money than all other gens COMBINED......I have no idea how this is possible.

Well, for starters, they're making a killing on live services and digital content. And second, as mentioned, they're selling consoles at profit and no longer subsidizing them like they did during the PS1-PS3 eras. Those two things combined equal CACHIIINNNGGGGG!