As Xbox and PlayStation sales reach new lows, analyst says the "US hardware market has not been in a more precarious position since the early 80s"
Analyst Mat Piscatella states the US console hardware market is in its most precarious position since the early 1980s, with PlayStation 5 and Xbox Series X/S sales significantly down year-over-year due to high prices. Component shortages, exacerbated by AI data center demand, are driving up costs and limiting production, leading to record-high average prices for new consoles.
- Entities
- Company: Microsoft
- Topic: Market Analysis
- Platform: Nintendo Switch
- Company: Sony Interactive Entertainment
- Person: Mat Piscatella
- Game: Grand Theft Auto 6
- Topic: Hardware Sales
- Platform: PlayStation 5
- Platform: Xbox Series X
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