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    Home»Tech»Circana’s Mat Piscatella Warns US Console Market Is Most Precarious Since Early 1980s, As Xbox Hardware Units Crash 33%
    Tech

    Circana’s Mat Piscatella Warns US Console Market Is Most Precarious Since Early 1980s, As Xbox Hardware Units Crash 33%

    JamesBy JamesOctober 9, 2026No Comments5 Mins Read
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    Circana’s Mat Piscatella Warns US Console Market Is Most Precarious Since Early 1980s, As Xbox Hardware Units Crash 33%
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    Circana’s Mat Piscatella revealed that the US console market is in its most precarious position since the early 1980s as hardware sales crash for all console makers (though Xbox is hit hardest).

    The US console market is in real trouble, at least who reckons it hasn’t been this precarious since the early 1980s. In his breakdown of August’s US sales data, the analyst revealed that year-to-date hardware unit sales through August have fallen 33% for Xbox and 25% for PlayStation compared to the same period last year. That puts Xbox at an all-time low in the US, while PlayStation has reached its lowest point since 2013

    There’s no big mystery here. In 2026 so far, the average price paid for a new Xbox console in the US is $529, up 26% from a year ago, while the average price for a new PlayStation console is $597, up 20%. Both figures are all-time US highs; as Piscatella put it bluntly, price sensitivity is becoming a real problem.

    August’s numbers show the same pattern, as total hardware unit sales fell 15% year-over-year to 559K units, the lowest for any August since 2013. PlayStation hardware units dropped 11%, to the platform’s lowest August since 2013, and Xbox units plunged 31%, its lowest August since 2020. Even Nintendo hardware unit sales dipped by 15%. Meanwhile, the average price paid for new hardware hit an August record of $541, up from $476 a year ago.

    That’s how PlayStation 5 hardware dollar sales grew 17% in August, even as PlayStation unit sales fell: consumers are buying fewer consoles but paying considerably more per console. In case you were wondering, Nintendo Switch 2 led the US market in both units and dollars for both August and year-to-date, with PlayStation 5 second across the board and Xbox Series S|X a distant third. Many of these issues trace back to the crazy component costs. Sony’s April price increase, which raised the PlayStation 5 and Digital Edition by $100 each and the PS5 Pro by $150 to $899.99, was driven by soaring memory prices as manufacturers prioritized demand from AI data centers, and Xbox and Nintendo are suffering in the same way.

    Piscatella sees one potential bright spot on the horizon, noting that the release of the Big Video Game in November may help ease some of these declines. He doesn’t name it, but there’s little doubt he is referring to Rockstar’s Grand Theft Auto VI, which launches on November 19. Even that comes with caveats, though. Any GTA VI bump inevitably depends on product availability, given the ongoing RAM and component crisis, and on pricing. We have already seen new PS5 Pro stock drying up ahead of the launch, to the point that GameStop now prices used consoles well above new ones.

    The broader picture wasn’t much brighter. Overall, US video game spending fell 9% in August to $4.3 billion, driven primarily by an 18% drop in mobile, while console content spending declined 7%. PC content was a rare bright spot, rising by 13%.

    Piscatella also provided an updated year-to-date Top 10 chart of the best-selling premium games released in 2026. CAPCOM’s Resident Evil: Requiem is still on top, although we all know the throne of this particular chart will soon be conquered by the aforementioned Big Video Game.

    Rank Last Month Rank Title Publisher
    1 1 Resident Evil: Requiem Capcom USA
    2 2 007 First Light IO Interactive
    3 NEW NBA 2K27 Take-Two Interactive
    4 4 MLB: The Show 26 Multiple Video Game Publishers
    5 3 Crimson Desert Pearl Abyss
    6 5 Call of Duty: Black Ops II Microsoft Corp
    7 6 Forza Horizon 6 Microsoft Corp
    8 7 Tomodachi Life: Living the Dream Nintendo
    9 8 LEGO Batman: Legacy of the Dark Knight Warner Bros. Games
    10 9 Pokemon: Pokopia Nintendo

    About the author: With over two decades of experience in gaming journalism, Alessio Palumbo has led the gaming vertical at Wccftech since August 2015. He started working at a young age for Italian websites like Everyeye.it, Gamestar.it, Nextgame.it, and Multiplayer.it before kickstarting the indie English-language publication Worlds Factory as its founder and Editor in Chief.

    In the last decade, he has coordinated the overall output of Wccftech’s gaming section, managed PR relations, assigned reviews, produced daily news coverage, edited gaming content as needed, and delivered game reviews.

    Arguably, his trademark content is the long series of exclusive developer interviews that have been cited by Wikipedia and by the biggest news media and gaming publications.

    His passion for technology also makes him knowledgeable when it comes to gaming hardware and tech. His favorite genres include RPGs, MMORPGs, and action/adventure games.

    Follow Wccftech on Google to get more of our news coverage in your feeds.

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