But even before recent tariffs, modern console prices weren’t dropping nearly as fast as history suggested they should. In fact, Sony first raised the nominal starting price of the PS5 Digital Edition back in 2023, way before Trump’s current trade war was even on the horizon.
I’m not saying Trump is to blame but this is misleading. Trump hurt our economy with tariffs during his first term nearly 10 years ago. During 2023 he was releasing “Agenda 47” policies, in which he specifically mentioned more tariffs. Here’s Trump threatening tariffs 8 months before Sony raised the price
rafoix@lemmy.zip 1 day ago
Decades of corporate consolidation only leads to higher consumer costs and record corporate profits.
Corporations should not be allowed to exist above a certain market cap. Break them up. Make them compete.
ampersandrew@lemmy.world 1 day ago
There’s a very good couple of paragraphs in this article showing where the likely culprits are in the pricing of these consoles. There’s about as much competition now as there has been for the past four decades, but Moore’s Law has broken down.
Agent_Karyo@lemmy.world 1 day ago
Can’t speak for competition in consoles, but parts costs have radically increased, particularly GPUs (and it’s getting much more difficult to have generational leaps in graphics quality).