Will CPUs drop in price in response to the new consoles?

[Quartz]

The new XBox with an 8 core 16 thread CPU is going to cost $599. Currently the Ryzen 3700X - the same CPU, near enough - costs £330. Hugely overpriced by comparison. So will we see massive price cuts?

 

[Quartz]

Consoles have historically been sold at a loss.

But not much of a loss. Certainly not a $600 loss. And, if memory serves, the Nintendo Wii was sold at a profit.

Xbox does not use a desktop CPU.

True, but the Ryzen 3700 is the closest thing that OCUK sell. Perhaps the closest match CPU-wise would be the Ryzen 9 4800 or 4900.

 

[Quartz]

Someone is fully on board the console hype train.

Sorry, but do you have anything useful to counter the points I made?