I wonder if the leadership at Playstation and Xbox understands they are killing themselves.
Xbox hardware sales down 30%, 5% on services and revenue. Sony PlayStation operating revenue is down -41%.
These are not healthy businesses, and the future looks even more bleak.
Years away from new hardware sales, and the franchise front is desperately bad - which means when hardware eventually does land, the drivers to buy them don't look like they are going to be there.
I'd love to bet against you on these businesses dying.
The ps5 sold very well very fast during the pandemic, which could explain why now that the seas are rough the sales slumped.
If PS and Xbox become abandoned and cause game studios start focusing on PCs again I think it would be a good outcome. But that is just me wishing on a star.