I don't mean the form factor. What I means is, you can buy a PlayStation 4 Pro for $400. Why can't you get that level of gaming performance for about that price? I get that Sony makes their money by taking a cut of game sales. But why can't you buy basically PlayStation 4 Pro level hardware running Windows 10 for $500?
A Chinese company named PlayRuyi apparently asked that same question, and the result was the Subor Z+. They commissioned a custom chip from AMD with 4 Zen cores, 24 Vega compute units, and 8 GB of GDDR5 memory, and then basically built a game console out of it. You can read some about it here:https://www.anandtech.com/show/13381/subor-z-console-pc-hybrid-fireflight
Do you think that there would be a considerable market for something like that in the United States? That is, a fairly low budget PC (around $400-$500) optimized specifically for gaming, but still capable of doing the other things that you do on a normal PC rather than completely locked down like a game console. Considering how many game consoles sell, there might well be.