Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published • loading... • Updated

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"

Circana said Xbox unit sales are down 33% and PlayStation sales 25% as higher hardware prices push average console prices to record highs.

  • According to Circana, Xbox hardware sales plummeted 33% year-to-date through August, while PlayStation units fell 25%, marking all-time lows for Xbox and PlayStation's worst August since 2013.
  • Manufacturers passed surging component costs to consumers, driving average Xbox prices to $529, up 26%, and PlayStation to $597, up 20% from a year ago.
  • Circana analyst Mat Piscatella warned "The US hardware market has not been in a more precarious position since the early 80s," noting both prices are at all-time highs.
  • Memory shortages driving these costs are set to persist until at least 2028, Micron's CEO warned, affecting nearly all consumer electronic devices beyond consoles.
  • Rockstar's launch of GTA 6 next month could "help ease at least some of these declines," Piscatella noted, though any boost depends on pricing and "product availability.
Insights by Ground AI

11 Articles

Sales to historical lows for Xbox and PlayStation in the USA, held back by high prices; GTA 6 could raise the market.A little over a month after the debut of GTA 6, the most anticipated game of the generation, the Xbox and PlayStation consoles are registering significant declines in sales on the US market.

Read Full Article

The sales of video game hardware in the United States fell 15% year-on-year in August and marked their lowest level for that month in 13 years, according to Circana data. The decline coincides with price increases from Sony, Microsoft and Nintendo; the scarcity of some components was also pointed out as a possible pressure on the offer. *** Hardware sales fell 15% year-on-year in August, according to Circana data, and marked the worst result for…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Gamespot broke the news in San Francisco, United States on Thursday, October 8, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal