bullshit. if MS and Sony both offered more competent and beefed up consoles at a premium price only, people would still buy them. Sony and MS coud of gotten away with releasing consoles with better performance at a $500-$550 price range and they wouldve sold fine. i biy consoles for the sole purpose to play with friends or else id have moved on to PC. it really shouldnt be that hard to release hardware capable of running most games at low PC settings at 1080p 60fps in 2013/2014/2015, but Sony and MS really cheaped out on these systems .
You think that having bleeding edge specs comes cheap for these companies without taking big losses? Think again.