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Gaming Consoles Face Terminal Velocity Due to High Prices

The Price of Ambition: Gaming's Terminal Velocity In recent years, the gaming industry has experienced unprecedented growth in graphics capabilities and processing power.

However, this relentless pursuit of innovation has come at a significant cost – literally. As prices for consoles continue to soar, the market is finally hitting a wall. According to Circana, U. S.

spending on console hardware dropped 29% in July compared to the same time last year. This decline in sales is not an isolated incident; total console sales numbers have been low since the start of the COVID pandemic.

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