News JVTech Sony has a big problem with the PS5. Even if it sells well, it is a real stone in the sand for the manufacturer, who risks losing money
Published on January 17, 2024 at 6:40 am
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Development costs, which are still a problem
The year starts with a not very encouraging announcement from Sony. Despite the success of the PS5 console, especially with the launch of the new model last November, the Japanese company Toyo Securities, which specializes in finance, recently adjusted its forecasts for the company. and they don't mean anything positive. The launch of the PS5 was obviously not without its pitfalls. The manufacturer had to struggle with significant delivery problemswhich is mainly due to the health crisis related to COVID.
And although the console is currently recording good sales figures, Toyo Securities is questioning the goals set by the manufacturer during a seminar on December 27, 2023. The original target of 25 million consoles sold by April 2024 has been revised downwards and is now 18.5 million. But even with this revision Achieving these numbers seems to be an equally daunting task.
Check out the PS5 on Amazon
Sony absolutely has to limit the damage for the future
According to Toyo Securities, although the current problems in covering development costs or achieving targets are not a major concern in the short term, complications could arise in the long term. Even taking into account the seemingly achievable sale of 100 million PS5 consoles, this would not be enough to recoup current development costs, be it for consoles or video games.. Additionally, PC ports aren't much help, as many gamers prefer to have the same titles on PC, with improved graphics and cheaper prices than currently offered. Worse still, this situation could have implications for the future, especially the next generation of consoles and the alleged PS6.
Photo credit: Ben Iwara (Unsplash)
So what could Sony do to avoid significant losses or loss-making revenue? According to Toyo Securities, The manufacturer should think about releasing a more modest and affordable console with less power but aimed at reaching an even wider audience. Additionally, it could also reduce the number of mainline titles offered annually, opting for a less frequent offering but more spin-off games like Spider-Man Miles Morales or Uncharted Lost Legacy.
Check out the PS5 on Amazon
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