Heatman Posted August 27, 2021 Share Posted August 27, 2021 Everything in human existence was drastically affected by COVID-19 in a negative way. So, I'm never expecting the prices of gaming consoles to be an exception to this inflation. Link to comment Share on other sites More sharing options...
Razor1911 Posted August 27, 2021 Share Posted August 27, 2021 2 hours ago, Heatman said: Everything in human existence was drastically affected by COVID-19 in a negative way. So, I'm never expecting the prices of gaming consoles to be an exception to this inflation. Yeah. Indirectly the prices of the console took a hit in the pandemic. Due to shortages of semiconductors, the prices of consoles and all electronic gadgets that requires semiconductors have shoot up. As long as the production picks up again, the price is expected to remain same. Link to comment Share on other sites More sharing options...
Heatman Posted August 27, 2021 Share Posted August 27, 2021 2 hours ago, Razor1911 said: Yeah. Indirectly the prices of the console took a hit in the pandemic. Due to shortages of semiconductors, the prices of consoles and all electronic gadgets that requires semiconductors have shoot up. As long as the production picks up again, the price is expected to remain same. Seriously, it's not even only the shortage of semiconductors or other parts that affected the cost of these consoles but also shipping fees as a result of restriction placed of that as a result of the pandemic. Link to comment Share on other sites More sharing options...
killamch89 Posted August 27, 2021 Share Posted August 27, 2021 9 hours ago, Heatman said: Everything in human existence was drastically affected by COVID-19 in a negative way. So, I'm never expecting the prices of gaming consoles to be an exception to this inflation. Nope because gaming consoles will be in more demand due to the pandemic and if we follow the law of demand in economics states that when an item has more demand than supply, the price will increase and continue to see increases the lower the supply. Link to comment Share on other sites More sharing options...
Heatman Posted August 28, 2021 Share Posted August 28, 2021 27 minutes ago, killamch89 said: Nope because gaming consoles will be in more demand due to the pandemic and if we follow the law of demand in economics states that when an item has more demand than supply, the price will increase and continue to see increases the lower the supply. Yeah - that's a very good valid point. With the world confined to being at home, people need something to keep them company and there comes in these gaming consoles. Demand is 100% excepted to be off the roof. Link to comment Share on other sites More sharing options...
Razor1911 Posted August 28, 2021 Share Posted August 28, 2021 9 hours ago, Heatman said: Seriously, it's not even only the shortage of semiconductors or other parts that affected the cost of these consoles but also shipping fees as a result of restriction placed of that as a result of the pandemic. That's what surfaced on many news articles here. The main synopsis is that, the pandemic will have adverse effects on the supply/production. That eventually will increase the price. Link to comment Share on other sites More sharing options...
Heatman Posted August 28, 2021 Share Posted August 28, 2021 41 minutes ago, Razor1911 said: That's what surfaced on many news articles here. The main synopsis is that, the pandemic will have adverse effects on the supply/production. That eventually will increase the price. Yeah - most people actually thought that the pandemic wasn't serious till it gripped the whole world showing how serious it was to be feared. Link to comment Share on other sites More sharing options...
Razor1911 Posted August 28, 2021 Share Posted August 28, 2021 34 minutes ago, Heatman said: Yeah - most people actually thought that the pandemic wasn't serious till it gripped the whole world showing how serious it was to be feared. But the situation now is improving. Hopefully, the shortages of semiconductors will be fulfilled by enough supply the production industries. In future, the price of gaming consoles are expected to ease down. Link to comment Share on other sites More sharing options...
Heatman Posted August 28, 2021 Share Posted August 28, 2021 2 minutes ago, Razor1911 said: But the situation now is improving. Hopefully, the shortages of semiconductors will be fulfilled by enough supply the production industries. In future, the price of gaming consoles are expected to ease down. Well, yes with the new vaccine for the virus, the world is getting a little bit relief. Although there still new mutated aggressive strain flying around. Link to comment Share on other sites More sharing options...
Razor1911 Posted August 28, 2021 Share Posted August 28, 2021 (edited) 4 minutes ago, Heatman said: Well, yes with the new vaccine for the virus, the world is getting a little bit relief. Although there still new mutated aggressive strain flying around. See, that is never a cure to that disease. Whatever the shots being given are just temporary immunity booster. Having the shot doesn't mean you are 100% immune to the virus. So, there is no way out here. We need to accept that as a part of daily life. The restrictions and lockdown situation is easing now, which is Afterall a good sign. Edited August 28, 2021 by Razor1911 Link to comment Share on other sites More sharing options...
Heatman Posted August 28, 2021 Share Posted August 28, 2021 1 minute ago, Razor1911 said: See, that is never a cure to that disease. Whatever the shots being given are just temporary immunity booster. Having the shot doesn't mean you are 100% immune to the virus. So, there is no way out here. We need to accept that as a part of daily life. The restrictions and lockdown situation is easing now, which is Afterall a good sign. Seriously - It's what most people are getting now and it's far more better to thread with caution in all aspects of one's life's daily activities now. Link to comment Share on other sites More sharing options...
skyfire Posted August 28, 2021 Share Posted August 28, 2021 Apart from console. I have noticed the price of gaming laptop has increased too. It's not your cheap laptops and the desktops anymore. Link to comment Share on other sites More sharing options...
Heatman Posted August 28, 2021 Share Posted August 28, 2021 3 minutes ago, skyfire said: Apart from console. I have noticed the price of gaming laptop has increased too. It's not your cheap laptops and the desktops anymore. Seriously - I actually mentioned it that the all walks of life was affected by the outbreak of the pandemic of Corona virus. Nothing or no one was left out. Link to comment Share on other sites More sharing options...
Razor1911 Posted August 29, 2021 Share Posted August 29, 2021 On 8/28/2021 at 1:23 PM, skyfire said: Apart from console. I have noticed the price of gaming laptop has increased too. It's not your cheap laptops and the desktops anymore. Yeah, the pandemic and extended lockdown has really affected the demand and supply chain. The prices of most of the electronic gadgets has shot up. But good thing is that, the situation is improving. Hopefully, the prices will come down too. Link to comment Share on other sites More sharing options...
Heatman Posted August 29, 2021 Share Posted August 29, 2021 Yeah, the world is getting a breather right now from the adverse effects of the pandemic but it doesn't mean things are back to normal 100%. Link to comment Share on other sites More sharing options...
