Also, people get phones on contract. I would not have paid a grand for my phone, if it wasn't 99 euro on my phone and internet contract I would not have it. If I had not had need of the contract, I'd do with my 20 euro secondary phone modeled after the Nokia 3210 and my thumbs and eyes would be thankful for it. No normal bloke or lass is spending anywhere near 1k on a phone and likely the majority of people manage a contract for a free phone and take the hit for a slightly more outdated or mid tier handset.
Maybe that's the way forward, contract consoles if you can't buy outright
A console and a phone are very different but it is the value of the subscription here thst is the issue that would make this fail, an internet contract is a need these days. I would rather own my console at a reasonable price point than pay for one more subscription I don't need, they tried leasing consoles and computer hardware in the 90's, it didn't work. It may work in the 20's but the vast amount of console gamers will reject it and it will cause people who do reject it to scoff at the RRP of the console. That kind of decisiveness is something they don't want to get anywhere close to until well into a gen but not this close to the start of a new gen. Everything they do right now, needs to be perfect, it decides the next 6 or 7 years and they have the perfect road map already created. They just need to follow it again and it's not at 600-700 euro or anywhere over 500.
I see q lot of threads online, I can't tell if it's meat bots, console war soldiers or genuine people, pushing for console prices to be 600 euro and cementing that as something that is okay. Not accusing you here, I'm sure you feel this way and are genuine but some of this has to be meat bots pushing for these insane prices so that people will feel that 500 or 550 is a reasonable price, when it is not. It's a shit price.
I read somewhere that most people can't even fund a 300 euro emergeny cost, be it a replacement fridge or a hospital stay. Having this happen to me more than once I my early 20's I make sure to stay well above that now and have some no st on top for leisure but no matter how much money I have at hand or how inflation has changed over the last 12 years, 400 always seems to be the best amount for any tech item. I would imagine that most people feel the same by the insane selling power of the ps4 out the gate yet I would be willing to bet they could stake the same claim on 449 because of inflation.