this post was submitted on 14 Feb 2024
114 points (97.5% liked)

Technology

59298 readers
5094 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
114
Sony misses PS5 sales target as console enters ‘latter stage of its life cycle’ (www.theverge.com)
submitted 9 months ago by [email protected] to c/[email protected]
61 comments fedilink hide all child comments
 

Sony misses PS5 sales target as console enters ‘latter stage of its life cycle’::Sony has cut its sales forecast by 4 million units for the fiscal year, down from 25 million to 21 million. It comes as the company missed its sales projections by a million.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 13 points 9 months ago (1 children)

As far as I know they already lose money selling them because they make way more money through PS plus and the PS store

[–] [email protected] 22 points 9 months ago* (last edited 9 months ago) (1 children)

Consoles never really make money.

The money is in locking consumers in your ecosystem, which is why exclusives used to be a big deal. Now they'd rather their games be available to people on other consoles since they bought up too many studios

Like, Xbox wants everyone that owns a Xbox to buy COD for Xbox. But they also can't limit it to Xbox because a bunch of ps5 people would buy it if they could. So it's better to sell thru ps5 then losing all those potential customers that will never buy an Xbox.

[–] [email protected] 15 points 9 months ago

This is only half true. They are loss leaders early in their lifecycle, but almost (looking at you PS3) always profitable 2-3 years into production due to paying down initial costs of production and efficiencies developed during production.