even beyond subsidies, which are huge, a console is a single-framework of hardware for at least 5 years. everything is custom built to a certain spec, that can be made in volume over time, with the OS and peripherals all vertically integrated (and standard testing hardware for developers). all these things drive cost per unit down, and also increase the walled garden value of the unit (you can’t build your own PS5!) so as soon as it gets down to a certain level of price, and the features are good enough, it’s also more profitable long term than any individual PC maker could hope to make.
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