PS6 LIVE: Console price could actually be cheaper than you think

PS6 price could actually be cheaper than you think

A gaming industry analyst thinks the cost of the expected upcoming PS6, and XBOX Project Helix, could actually be cheaper than you think.

Hardware prices are through the roof at the moment because of key component shortages, such as memory and RAM, caused by huge tech companies investing heavily in AI data centres. This has caused older gaming hardware to unprecedentedly increase in price.

Gamesindustry.biz reports while S&P Global Market Intelligence Kagan shared a report expecting game console shipments to decline by almost 20 per cent this year, there will be a gradual recovery from this over the next few years.

S&P Global Market Intelligence analyst Neil Barbour said: "A critical assumption underlying our forecast's recovery period later in the decade is that the component crisis eases sufficiently by 2028 to allow Sony and Microsoft to bring next-generation hardware to market at price points in the $600 to $800 range.

"For now, the market faces a compounding problem: hardware that is either too old or too expensive for the median consumer, a software slate that is thin outside a handful of tentpole releases and a macro environment that keeps any meaningful price relief off the table."

PS6 pricing has not been officially confirmed by Sony.