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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"
October 9, 2026 at 06:51 PM
PS5 and Xbox Series X/S consoles are more expensive than ever in most markets, thanks largely to memory components being gobbled up by AI data centres. Now, analyst Mat Piscatella worries the console market, at least in the US, hasn't looked this dire since the early 1980s, which was maybe not-so-coincidentally when the industry absolutely collapsed.
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