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Otter said:

This is the industry widely. Unless hardware goes back to being accessible there isn't a bright future... If the Switch 2 becomes $599 in 2028 it's also not passing 100m.

2028 is hopefully the turning point where things start recovering, if not the console industry is in massive trouble.

Switch 2 and PS5 are both likely to get further price rises within the next year. PS5 was keeping up with PS4 but now matching it doesn't seem possible at all.

Switch 2 we could actually be in a situation where it's sales decline in it's second year and further in its third year.

Switch 2 being $599 this time next year is a very real possibility as is PS5 going up to the $799 mark.

Things are bleak.