Posted 2/15/2024, 3:30:00 AM
Sony Forecasts PS5 Sales to Peak and Decline in Coming Years
- Sony says PS5 is entering the "latter half" of its life cycle and expects hardware sales to start declining
- PS5 sales missed Sony's expectations for the holiday season, revising sales forecast down from 25M to 21M units
- Sony will now emphasize profitability over sales volume moving forward
- The annual sales pace of PS5 hardware is expected to start falling from next fiscal year
- This indicates PS5's peak sales period is happening now, with a gradual decline expected though Sony plans to keep investing in games