This article was originally published on link to post
As part of Sony’s latest earnings briefing, the company revealed that PlayStation 5 sales are down massively year-over-year, while management discussed what it believes will be a rosy future for the company thanks to AI-driven efficiencies.
In terms of PS5 sales, Sony reported that it had sold 46% fewer PS5 units during its fiscal Q4 than it did during the same quarter last year. More specifically, Sony sold 1.5 million PS5 units worldwide during the quarter, down from 2.8 million during the same period the year prior. The PS5 has now sold 93.7 million units worldwide.
Downward trends are expected for the PS5, as the system is now in its sixth year on the market. The PS5 is also more expensive than ever before, as Sony has raised the price of the console by $200 for its cheapest version since the system launched in 2020. During the earnings briefing, Sony blamed the latest downturn on “continued pressures in the global economic landscape.”
Those “continued pressures” include AI-related impacts on PlayStation’s business as part of the memory and chip crisis affecting numerous companies, not just Sony.
On the subject of AI, Sony Group president and CEO Totoki Hiroki said (via Variety) that Sony sees AI
0 Comments