That's not true. It's actually spiraling the other direction now. Consoles just don't have the value proposition they used to have. You can buy a general purpose PC for the same price as a console that has better performance and also allows you to do your taxes.
I know. But iGPUs aren't there yet, and once you add a discrete GPU it becomes a lot more expensive. You can get a PS5 digital at GameStop for $400 new right now. A decent similar GPU like a Arc 580 or Radeon RX 7600 or 6600 is going to be $200-$300 new, leaving you $200 for a case, CPU, RAM and power supply.
wow that's interesting. Where is the gaming share moving, if not pc and consoles? I guess hand-held devices (do those not count as consoles?) and phones?
Mobile is the 900 pound gorilla in the games space through sheer volume, but it really depends on what you're measuring. Revenue per user is console > PC > mobile, but total gaming revenue is more like mobile > console > PC.
But here we're putting Candy Crush in the same category as GTA V, so I'm not sure we're really comparing apples to apples.