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Next gen consoles: rumored prices and handheld trends

New Console Generations | Rising Prices and Questionable Futures

By

Sofia Chang

Oct 23, 2026, 03:09 PM

Edited By

Omar Ali

3 minutes of duration

A close-up of next generation gaming consoles with a price tag showing $1,000, alongside a handheld device resembling an affordable gaming option.
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Gamers are bracing for a potential leap in console pricing as both Sony and Microsoft gear up to launch next-gen devices rumored to cost over $1,000. The expected price increase has sparked fierce debates on forums about the future of gaming consoles and their accessibility.

Price Hike: What's Driving It?

The anticipated price surge is primarily linked to ongoing memory and storage shortages. Sources indicate that these new consoles could cost two to three times more than their predecessors at launch. The concerns underscore a growing divide between hardcore gamers and those reluctant to upgrade.

"Who would even risk making their games exclusive to the new consoles if they were to be that expensive?" one forum commenter questioned.

As the industry shifts, are console generations becoming obsolete? Many believe they are.

Handheld Developments on the Horizon

Industry insiders have also mentioned plans for handheld devices from both companies. While details remain sparse, the performance of these devices is likely to mirror that of current generation consoles, around Series S levels.

The impact of these potential handhelds could lead to an extended cross-gen phase, raising questions about the viability of newer console launches. "Most people will probably just get the new consoles with payment plans," suggests another community member.

Shifting Trends in Console Gaming

The sentiment on forums is mixed but leans toward skepticism about the pricing and future of consoles:

  • Aging Out: Some gamers are opting to remain with older consoles, feeling that they still provide plenty of access to games.

  • Investment in Hardware: Others are questioning the value of investing in high-priced consoles when current systems perform adequately for years.

  • Shift to PC and Streaming: As hardware costs soar, some gamers are considering PC gaming or streaming services as more viable options.

"Realistically, the PS5 is still going strong, so weโ€™ll have a period of both consoles overlapping," noted an insightful commenter.

What's Next for Gamers?

With hardware prices skyrocketing, opinions vary on how this will influence the gaming community. Expect a prolonged transition period where games will support multiple generations.

Takeaways:

  • ๐Ÿ“ˆ Rising Costs: New consoles may exceed $1,000, causing concern among gamers.

  • ๐Ÿ•น๏ธ Handheld Devices: Upcoming handhelds could impact the gameplay landscape.

  • ๐Ÿ’ก Possible Shift: Many gamers question ongoing investments in consoles versus alternative platforms.

As 2026 unfolds, the gaming market's response to these shifting dynamics remains to be seen. Will the community adapt, or is this the beginning of a new era in gaming? Stay tuned.

Future Directions in Gaming

As the gaming industry moves forward, thereโ€™s a strong chance that these price hikes will push more people toward alternative gaming solutions. With experts estimating that nearly 40% of gamers may choose to stick with current systems rather than upgrade, the market may see a resurgence in popularity for existing games on older consoles. This could lead to a more fragmented gaming landscape, as older titles remain relevant longer than expected. Additionally, with the potential success of new handheld devices resembling current consoles, many gamers might lean towards flexible entry points in gaming, shifting their investments and expectations in terms of how they engage with gaming content.

A Look Back in Time

In a way, this situation mirrors the rise of big-screen televisions in the early 2000s. Many consumers hesitated to invest in high-definition models due to the steep prices, opting instead to hold onto traditional sets. It wasnโ€™t until major event broadcasts, like the Super Bowl, transitioned to HD that people rushed to upgrade. Similar to gaming now, pivotal moments can drive sudden shifts in consumer behavior. Just as viewers once altered their purchasing plans for a clearer picture, gamers might soon rally around cross-platform play and budget-friendly devices to experience the next wave of gaming without breaking the bank.