Yes, it was.  The situation was broken down to the cost of a ps3 vs sales. 

Thanks. The peripherals part actually helps making sense of appliances and electronics stores that sell relatively few games. I'm also wondering how much is the margin on budget edition older games priced between 9.99 and 19.99€, as they often get more space than new ones and are placed closer to checkouts at MediaWorld.

Well, at least here in Spain it would be like -> 6.99 and 12.99 for retailers more or less. There is a little chunk of information that may satisfy you as it helps taking a full picture of the scene. Those games that are sold at low prices usually had a higher price point before. The devaluation is compensated by the publisher re-buying those games (the common solution for very little stores, though they lost money still they didn't lose it all) and re-distributing them where they can still get some profits or giving newer games to the store at discounted prices (a good deal for big stores).

Anyway, I'd like to point out that UK market moves much more on a "Adam Smith's wet dream of free market" . In Spain the market is controlled by a few huge distributors that make everything as they please. Only massive retailers such as Game or "El Corte Inglés" can overpass them and treat with publishers themselves. There are other so-great retailers that unbelivably can't afford that, so they have to suck up distributors. In the UK there is much more competition on prices, which obviously is good for gamers, but may change the percentages and margins that I pointed above.

Here in Italy game specialized chains are scarce too, I usually shop around in hypermarkets, big electronics and appliances chains stores, and sometimes informatics chains, but the not online ones are more and more scarce, are they weren't nimble enough and had costs too high to survive to PC's shrinking profit margin, and less specialized chains with IT departments started eating them alive with better deals on the profitable peripherals.