And PS4 never really droped in price either.I think the PS5 will sell for 500 for much of its life cycle, which is a massive change in strategy from where Sony has been with the PS1-PS4.
The PS1 dropped to as low as 49 dollars and the PS2 dropped to as low as 99 dollars.
99 dollars in 2009 would be the equivalent of 141 dollars today... So I think sony is more interested in selling at a profit than selling more units especially towards the later part of the life cycle.