PlayStation 5 (And Xbox) Sales Have CRATERED. The Gaming Crash Is Here!

Screw Valve: I Made a SMALLER and BETTER Steam Machine (BOSGAME VTA-439):    • Screw Valve: I Made a SMALLER and BETTER S...   Check out my Twitch Channel:   / rtustreams   Check out my Kick Channel: https://kick.com/reviewtechusalive Check out Tech25 ASMR:    / @tech25asmr   Join this channel to get access to perks:    / @reviewtechusartu   PlayStation 5 and Xbox Series X|S console sales have plummeted to historic lows. Driven by climbing manufacturing costs and significant price increases, hardware unit sales have reached their weakest levels in a generation, with the average price of a new console hitting around $502. PlayStation 5 Sales Historic Drop: PS5 unit sales plummeted 58% year-over-year, making it the weakest month of May for Sony's PlayStation brand in the US since the year 2000. Revenue Decline: Total spending on PS5 hardware dropped 43% year-over-year.Price Surge: The average price paid for a PS5 has spiked by 33% year-over-year to $672.Xbox Series X|S SalesWorst May on Record: Xbox hardware units fell 12% year-over-year, recording the lowest May sales month in the brand's history. Pricing: The average price for an Xbox console rose to $524, a 22% increase compared to previous levels. Market Pressures: The slump is largely driven by soaring costs for console memory and storage, leading gamers to push back against higher hardware prices.Industry analysts from market research firm Circana note that these historic lows reflect a broader consumer pullback on hardware rather than an isolated platform issue, with rising component costs leading to sustained industry-wide downturns. #ps5 #playstation5 #xboxseriesx