PS5 in Latter Stage After 4 Years, But Future Still Unclear
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The PS5 is in the "latter stage" of its life cycle after 4 years, though this doesn't necessarily mean the end is near. The PS4 lasted 7+ years.
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Sony has sold over 54 million PS5s so far, but missed its target of 25 million this financial year.
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A PS5 Slim model launched in late 2023, usually marking the latter stage of a console lifecycle. A PS5 Pro is also rumored.
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Sony's chairman said no new major franchise games are coming in the next fiscal year - concerning for fans awaiting sequels.
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This likely means highly anticipated titles like Death Stranding 2 won't release before April 2025.