You forget that there's a competitive market that affects the pricing of consoles. If a customer values a console for $1000 and therer are two consoles on the market that are almost identical, one costs $600, and the other one $900, the customer is still going to get the $600 one.
The cost is related to the value it brings, but it's also heavily affected by competition.
No, I didn't. I meant that if opening consoles means they stop existing because customers aren't willing to buy them at full price, that's actually a good thing.