For a long time, the common wisdom was that game consoles would usurp PC gaming, leaving it a niche hobby, ignored by the greater gaming community. And indeed, for a long time consoles were the most popular way to play mainstream games. But recently, especially since the release of the current generation of consoles, the...
Because market share was king back then so consoles were subsidized. Now subscriptions are king, so hardware products are left in the dust.