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US Console Market in Most Precarious Position Since Early 80s, Analyst Warns as PS5 and Xbox Sales Hit New Lows

Nova Global News

Content overview: “US Console Market in Most Precarious Position Since Early 80s, Analyst Warns as PS5 and Xb”. The US video game console market is facing its toughest period since the early 1980s crash, according to industry analyst Mat Piscatella. His warning comes as sales of PlayStation 5 and Xbox Series X/S consoles reach new lows, driven in part by rising hardware prices. A key factor is the soaring cost of memory components, which are being consumed by the booming AI data center industry, making consoles more expensive than ever in most markets.

Piscatella's comparison to the early 80s is stark: that era saw a massive industry collapse, and current conditions echo some of those warning signs. For gamers, this means higher prices and fewer options, while the industry faces a potential downturn that could reshape the gaming landscape. This listing links straight to the original page, where the content is available in full.

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