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Can you point me to any statement that any current console is being sold at a loss?

All I've seen is that everyone is doing at cost nowadays. The PS4 Pro was the last subsidized console.

Sony have admitted to selling the PS5 at a loss during the first 8 months of sales. Even when they announced the $499 disc drive SKU was no longer selling at a loss, they admitted the $399 SKU still cost more to make than it sold for. Things are no doubt different today, but Sony absolutely subsidized the PS5 at launch.

> https://www.pcmag.com/news/sony-says-499-ps5-no-longer-sells...

Discounted doesn't necessarily mean at a loss. It could just mean a smaller profit margin than normal.

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