6 mo. ago • 96%

PS5 barely missed its sales target in latest earnings report, and Sony expects to sell even less by next year

www.destructoid.com PS5 barely missed its sales target in latest earnings report, and Sony expects to sell even less by next year

It's still been a solid 12 months for PlayStation though.

51 comments

Sales is up compared to last year but still doesn't meet target? Hmm... this infinite growth thing is harder than I though.

49
- Especially when you’re not gonna get repeat sales “I really like my PS5, I should go buy another!”
  
  21
  
  We did this with the Xbox series S actually, so that model does have some merit, just not at the 500 USD price point.
  
  4
Kind of what happens when you start talking about a new version when the last one still really isn't getting games.

Look at the "new releases" and the majority are PS4 or early that get "remade" and a new release date, or just straight shovelware.

39
- You forgot jacked the price on games up because reasons
  
  18
  
  Eh, the MSRP isn't a big worry for me, that makes sense
  
  What sucks about PlayStation pricing is they keep MSRP except for sales for way too long.
  
  Like, I saw last year's Madden for $12 and almost got it, then it went off sale and back to $70 like a new one isn't coming out in a few months.
  
  Rather than off sale prices slowly going down
  
  3
  
  Eh, games have been $50-60 for literal decades, despite inflation and the massive increase in expected content. Everything else I can get behind, but games should be more expensive than they were.
  
  -2
- I already got a PC. Why should I buy another big bulky thing just to play a few extra games?
  
  10
  
  You shouldn't buy a Tesla...
  
  No one suggested you buy one of those, but no one suggested you buy a PS5 either.
  
  -14
Not gonna lie, when they were first released, I really wanted to get one, but their scarcity and price made me wait, and wait, and then the lack of games I cared for made me kinda rethink buying one. I got a steam deck instead and love it. All the old games i had before, I could still play and newer games that i wanted go on sale quite often, plus its portable. I honestly dont see any big reason to buy a console anymore.

27
- Yeah the best games for the PS5 this gen are the PS4 ones with how rather lackluster the PS5 first party options have been. Naughty Dog hasn't even made a game that isn't a remake this entire generation. Weakest new exclusive and new IP gen so far.
  
  5
- It would be cool to see the Steam Deck model turned into a wider model for selling gaming PCs in different formats. A higher powered "Steam Deck" that looks and feels like a console but works internally like a PC, gives root access, can support any PC hardware, allows for upgrades and repairs, etc.
  
  3
  
  You're describing a Steam Machine, and I guess they were just years ahead of their time. 🤷‍♂️
  
  5
I blame Jim Ryan. PS should have never greenlit so many GaaS projects. Almost all of them were cancelled . Sony needs to focus what it does best: quality, single player games.

22
Well yeah there's no games on it. Between PC and ps4, there's not much I cant play.

21
- Yeah.
  
  We're up to three games I'd get a PS5 for, and chances are that number will go back down to zero soon enough through PC ports.
  
  Stellar Blade
  
  DS2
  
  Rebirth
  
  7
  
  I'm a console collector, tons of retro consoles. My rule of thumb is I don't buy a system until there are 10 games on it that are exclusive that I'd like to play.
  
  5
  
  What is DS2 in this context?
  
  2
There's not really been good exclusives compared previous gens. Feels like it has been dominated by remakes of last gen games, or just sequels. Not really lot of noteworthy new single player IPs that came out.

Most telling is that Naughty Dog hasn't even come out with a new game this entire generation that isn't a remake.

13
This isn’t really news. The PS5 is 4 years into its cycle by now.

11
- Missing its sales target means that Sony expected it to sell more by this point in its cycle. The console model is breaking down.
  
  12
  
  "Sonly sold slightly less than their extremely optimistic projections" ---> "Consoles are done for" is quite a stretch lmao
  
  12
  
  Everyone set way too ambitious targets post-covid, they don't want to admit that because it makes it look like the c-levels are clueless idiots
  
  11
  
  It was 1%, 20.8m sold Vs 21m target.
  
  2
Or as shareholders phrase it, the PS5 lost eleventy zillion dollars, and heads must roll.

7
It is a nearly 5 year old console. The 360/3 era was 8 years and widely agreed to be a bit long

5
Barely missed?

Does that mean it missed a little bit? Like it missed, but then didn't keep missing further?

Or did it nearly miss? So it didn't miss, but wasn't far off?

5
- I think they set the target of 21M but sold 20.8M. Almost achieved would be more fitting.
  
  5
Thought the 360 era was longer than that. I went through two of them (opposed to no PS5s and whatever Xbox is called now).

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