No. Cost is important. People value their money and don't want to spend more than what is nessescary.
Are consumers wrong to have opinions on the products they want to buy?
No, obviously not. Sensible adults care about things like budgeting and living within their means.
If a company doesn't bare these kind of things in mind with their pricing, they will fail to earn sales.
Entitled to what, exactly? A compact computer system with a price that matches that fact? $500 is too much in my opinion, and literally any console that has cost over $400 has never had PS2 or PS4 levels of success, even taking inflation into account.Who is to say what is necessary? People have this delusional expectation that nothing ever exceed $500 when this same expectation has existed for the last 20 years while the value of money has plummeted, costs have increased, and yet that figure has not moved to factor in inflation or costs.
I think people are entitled and full of shit.
You can't have nearly as many games if you don't have an install base, which only comes with successful consoles. This generation has a lot to thank the PS4 and Switch for.Yeah I think some people are drama queens, there, I said it, fight me.
For a console that will last you at least 5 years $100-$200 more is not that important imo.
Also you end up spending a lot more than that on games and services....
I rather they cut the price of games or PS+ $5-$10 than have cheaper, less powerful consoles.
Gaming is an expensive hobbie after all, even a luxury in some countries.
With inflation being a factor chances are whatever this "high price" is you are likely still getting a great deal cost/time relative
This right here is the reason why the whole people pay X for phones argument doesn't work. People don't see their phone as a luxury any more. It, to them, has become a necessity and they will pay a premium for that. Consoles don't have that luxury. That's why the vast majority of consoles are sold after at least a $100 price drop from the launch price. Its also when you see the biggest jump in purchases overall.Video game consoles aren't necessary. Let's be real, they're a first world luxury
Not really and my phone is about $200 because there's really very little practical difference between a $200 phone and a $1,000 phone.OP, do you ever complain about the price of something? Also, do you own a $1,000+ phone? Just curious.
I think it's important mostly because if you launch too high then you get into the situation where a lot or potential customers won't get the machine and hence the potential market for the games is smaller and the developers are less likely to make games for it - which in turn results in less people buying it.
An excellent illustration of this dynamic at work was the PS3 - the sales only really started to take off after there had been some price cuts, which was also the reason that the 360 got such a substantial market position.
This right here is the reason why the whole people pay X for phones argument doesn't work. People don't see their phone as a luxury any more. It, to them, has become a necessity and they will pay a premium for that. Consoles don't have that luxury. That's why the vast majority of consoles are sold after at least a $100 price drop from the launch price. Its also when you see the biggest jump in purchases overall.
Not really and my phone is about $200 because there's really very little practical difference between a $200 phone and a $1,000 phone.
There would be a huge practical difference between a $400-$700 console.
Higher framerates, resolution, settings, feature set capabilities, everything would be better thus a huge practical difference in the on screen results.People also don't see the $1000 price tag on their phone, they see a $40 a month or whatever charge on the bill they have to pay monthly anyway. Consoles aren't purchased that way.
What practical difference? A slightly higher resolution or higher graphical settings? That stuff doesn't matter. If it did, the PS2 would have been a failure.
Higher framerates, resolution, settings, feature set capabilities, everything would be better thus a huge practical difference in the on screen results.
I share your sentiments, 100%Who is to say what is necessary? People have this delusional expectation that nothing ever exceed $500 when this same expectation has existed for the last 20 years while the value of money has plummeted, costs have increased, and yet that figure has not moved to factor in inflation or costs.
I think people are entitled and full of shit.