Video game consoles have perhaps been the de facto driving factor for the industry in the past several decades. Despite this, there are plenty of myths out there about consoles, their manufacturers, console players and what have you. Let’s take a look at 15 such myths here and debunk them accordingly.
Console Makers Earn the Most Money From Hardware Sales
One interesting myth is that console manufacturers like Sony, Microsoft or Nintendo earn most of their money from selling hardware. In reality, many companies are only just breaking even on consoles sold due to manufacturing costs. Sony is infamous for selling the PlayStation 3 at a loss for a long time before finally breaking even. Much of the money actually comes from royalties paid by developers and publishers who’s games are on the consoles.