On the other hand one of the main advantages of console gaming was that you could resell the games after you are done. Now with the move to digital games, what is the advantage of buying a console when Steam has regular discounts and a massive catalog?
And the fact that you put in a disk and got to play, instead of waiting for an update the next 2 hours.
Lower up-front cost because of the subsidized hardware. Also games exclusive to your favorite console
I don't own a console, but the offer of saving money now at the expense of spending more over time is still a solid business model