Sony PlayStation 5 is no longer sold at a loss

Get real time updates directly on you device, subscribe now.

Sony no longer sells the $ 499 Sony PlayStation 5 at a loss. Sony’s CFO Hiroki Totoki shared the news just a week after the company announced it had sold 10 million PS5 consoles.

Sony PlayStation 5 is no longer sold at a loss

So the PS5 with an optical drive is now making enough money to offset the production cost. At the same time, the less expensive version of the PS5 Digital Edition for $ 399 has not yet overcome this milestone, and Sony compensates for the losses from the console through sales of accessories and PS4.

As reported in a fresh financial report, over the past quarter, the PS5 sold 2.3 million units, and the PlayStation 4 managed to sell in the amount of 500 thousand. As a result, total PS4 sales reached an impressive 116.4 million.

It took Sony years to stop losing money on PS3 sales, but the PS4 stopped making a loss about six months after the console debuted in 2013. The PS5 took a little longer than the PS4, but it clearly doesn’t follow the same fate as the PS3, despite the pandemic, shortages, and expensive parts.

.
Source Link

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.