The Console Market Is Cooked
The console market is facing significant price increases for both Xbox Series S and PlayStation 5 Pro models, driven by a global chip shortage exacerbated by AI development and data center construction. Changing player habits, with a shift towards mobile gaming, also contribute to market volatility. Industry analyst Mat Piscatella discusses these factors, alongside AAA development costs and inflation, suggesting a shrinking console audience as prices rise.
Gamespot
- Entities
- Microsoft
- Industry Economics
- Grand Theft Auto VI
- Mat Piscatella
- PlayStation 5
- Xbox Series S
- Consumer Electronics
- God of War
- Chip Shortage
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