Minus the downsets from the loads of last-gen players that stopped playing Destiny.
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Not sure what you mean by that comment. Are you saying Bungie will lose last gen players and that will hurt them? If so, yes, old gen players may just drop it completely as it isn't worth the cost of a new system. That isn't the only thing to consider though. How many are still playing on old gen? Was TTK profitable on old gen? What will the profit margin be on old gen? There are many things to consider.