The Digital Variant of the PS5 is No Longer Being Sold at a Loss

Sony’s $499 PlayStation 5 console is no longer selling at a loss. Bloomberg reported that Sony’s Chief Financial Officer Hiroki Totoki shared the news a week after the company announced that it had sold 10 million PS5 consoles. The diskless PS5 digital version, priced at $399, is expected to make up for Sony-related losses caused by other hardware sales (such as accessories and PS4). Sony sold 500,000 PS4 game consoles last quarter, bringing lifetime sales to an impressive 116.4 million units. PS5 will not be as expensive as the PS3 launched by Sony. Image: Sony It took several years for Sony to stop losing money on PS3 sales, but the company stopped selling the PS4 about six months after its debut in 2013. PS5 took longer, but obviously not. You are repeating expensive exercises.

Microsoft revealed earlier this year that it is selling its Xbox game console at a loss and that pure hardware alone cannot make a profit. Since the birth of Xbox One, Microsoft has not reported any hardware sales, but an Xbox executive at Epic v. Apple believes that Microsoft is profiting from game sales and online service subscriptions. Sony also reported (PDF) that its PlayStation’s first-quarter revenue today is the highest, and PlayStation’s second-highest revenue in the non-holiday quarter. There are 104 million monthly active users on the PlayStation Network, and the average spending per person on digital software, add-ons, and services in the first quarter of 2021 is $37.09.

PS5 will not be as expensive as the PS3 launched by Sony. Image: Sony It took several years for Sony to stop losing money on PS3 sales, but the company stopped selling the PS4 about six months after its debut in 2013. PS5 took longer, but obviously not. You are repeating expensive exercises. Microsoft revealed earlier this year that it is selling its Xbox game console at a loss and that pure hardware alone cannot make a profit. Since the birth of Xbox One, Microsoft has not reported any hardware sales, but an Xbox executive at Epic v. Apple believes that Microsoft is profiting from game sales and online service subscriptions. A video game console developed by Sony Interactive Entertainment. PS5 was announced in 2019 as the successor to PlayStation 4. It will be launched in Australia, Japan, New Zealand, North America, and South Korea on November 12, 2020, and will be launched globally a week later.

PS5, together with the Microsoft Xbox Series X and Series S game consoles launched in the same month, is part of the ninth generation of video game consoles. The basic model includes an optical disc drive compatible with Ultra HD Blu-ray Discs. The digital version does not have this unit, which makes it a low-cost model for those who prefer to purchase games through digital downloads. Both variants were released at the same time.

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