Sony expects sales of PlayStation 5 to decline until April 2025 as it does not plan to release any major exclusives during this period

Sony expects sales of PlayStation 5 to decline until April 2025 as it does not plan to release any major exclusives during this period

Sony expects PlayStation 5 console sales to “gradually decline” during the next financial year, which runs from April 2024 to March 2025, and has confirmed that it does not plan to release any “major exclusives in existing franchises” this year. – monthly period.

In the company’s financial results for the quarter ended December 31, 2023, Sony’s gaming division reported another record in terms of revenue, with PS5 sales reaching 54.7 million, but lowered its sales forecast for the year.

Sony Interactive Entertainment has an ambitious goal of selling 25 million PS5s in the year ending March 2024. However, in the last quarter, it sold 8.2 million consoles, and the total number for the year was 16.4 million. The company said it now expects to be 4 million units (21 million) short of its initial target.

Sony aims to sell 25 million PS5 consoles by the end of the financial year. And about 17 million in 2 half years

The corporation expects its Games and Network Services segment to generate 210 billion yen ($1.3 billion) for the year, down 5%, which it said was partly due to lower sales and wider hardware losses. provision – for promotions, VGC transfers.

About the hardware of the PS5, which is entering its fifth year since launch. Partly because we’re entering the second half of a console’s lifecycle, we’re looking to optimize sales with a strong focus on balance with profitability. Therefore, we expect a gradual decline in unit sales starting from the next financial year.

Regarding third-party software, we plan to continue to focus on creating high-quality products and developing games for live services. But even though there are big projects in development, we don’t plan to release any new big franchise games in the next financial year, like God of War: Ragnarok and Marvel Spider-Man 2

– President, Chief Operating and Financial Officer of Sony Hiroki Totoki.

Sony expects sales of PlayStation 5 to decline until April 2025 as it does not plan to release any major exclusives during this periodSony expects sales of PlayStation 5 to decline until April 2025 as it does not plan to release any major exclusives during this period

Sony singled out Marvel’s Spider-Man 2, which it says has sold 10 million copies. According to the company, Marvel’s Spider-Man series has sold more than 50 million copies worldwide on PC and consoles.

Marvel’s Spider-Man 2. Superhero of the year

PlayStation Network Monthly Active Users (MAU) also hit a record 123 million, up 11 million from last year. According to Sony, MAU is the estimated total number of unique accounts that played games or used PlayStation Network services during the last month of the quarter.

Software sales (PS4 and PS5) increased by 3.2 million year-over-year to 89.7 million units. Digital software accounted for 66% of quarterly game sales, compared to 62% last year.

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