this post was submitted on 14 Feb 2024
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Bitch, you couldn't get one for a year cause of how quickly they were flying off the shelves. The fuck you mean it didn't sell well?
Well maybe now they aren't flying off shelves anymore ;)
Sales are slowing down because people are expecting a PS5 Pro.
600€ is insane for hardware that's already two generations behind. You can get a computer with better specs for 500€ and it can also do useful stuff while having cheaper games.
At 400€ I'd consider it, since I can actually hear the noise of the PS4 from the living room and through my headphones when my wife is playing it.
Not sure where you're looking, but it costs around 430€ here in the Czech Republic
The country that's almost as drunk, but good at hockey: Finland.
100%. I haven't had a call in probably a year asking about PS5s.
some folks gave up and ended up with an Xbox or PC. I helped a few friends build a gaming rig and get onto Steam after they got fed up getting sniped by bots on friggin best buy lol
Well...I mean...that was mainly because of the lack of stock... well and scalpers didn't help.
Like there was giveaways to get the opportunity to buy them... yeah sure they sold plenty but some people had to wait a long time to be able to get one and it wasn't because people went crazy buying them alone.
But yes it sold well with that I agree. That said nobody said it didn't sell well here so not sure where your comments comes from.
In the beginning of IGN'S post, it clearly says "after sales failed to meet expectations", which just means it didn't sell well.
To me it means what it says... They had some expectations and they didn't reach it.
At the end I guess is open to interpretation, but expectations sometimes are out of reality... some times they go higher either to sell it to inversors or they simply over estimate...
I wouldn't go as far as reading as them saying it didn't sell well, more like they expected more....
But Ok I admit it could be considered as such...
As someone who deals with business analytics/ budgeting, "not meeting sales expectations" is a 1:1 translation to "bad sales." Sony has R&D, manufacturing, and other "static" costs that need to be recouped with more unit sales--decent isn't enough when you're balancing everything around great.
(This translates to much of peak-covid -> "post"-covid business decision backlash. So much short-term thinking based on the economy being temporarily on crack with everyone at home).
What were their expectations? PS4 sold 117M globally. PS5 is currently 54M, and it was severely supply constrained by chip shortages at the beginning of its run. If this didn't meet expectations, then their expectations were out of wack.
I'm just doing the math, but if the ps4 sold for 200 at launch, Sony made about 23.4 billion, and if the ps5 cost 500 at launch, Sony made 27 billion. They made less sales yet still did better than with the Ps4.
PS4 was $400 at launch.
Though, tbh, it's game sales that drive their profits. Consoles themselves are on thin to negative margins.