The current generation of consoles is reaching a point where hardware sales are inevitable, and both Sony and Xbox are seeing their consoles decline for obvious reasons, which is the main reason why both companies are preparing new hardware. But that doesn’t mean things are going badly for them, and that’s the case. Sony It presented its results for this quarter, which showed an increase of sales Related the games.
It’s been nearly four years since the PS5 first launched, and as we can imagine, sales of the console have dropped significantly, although they’re still very high, they don’t account for the majority of Sony’s income. The company has seen profits increase thanks to gaming sector, They have been able to achieve a fairly high sales rate, thanks to first-party video games and subscriptions to Play Station.
Even without massive console sales, Sony continues to grow in the gaming sector.
It is very common that after a few years, device sales start to decline, and in most cases it is normal for them to decline a little, which makes many companies start to worry about whether or not they will achieve a series of greater benefits. In the case of Sony, It seems that concern about the lack of sales The hardware is not that high of a loss, and even after failing to predict that the consoles would be able to sell, they have managed to maintain a fairly high profit within this sector. the games.
The company indicated that PS5 sales will decline, as it is inevitable, but will still be above 3 million units sold, but the Japanese company’s approximation is completely off the mark, as the number of consoles sold is 2.4 million, that is, 600,000 units less than they expected. Although it may not seem like much, this low sales rate represents a fairly large potential loss of profit, as the calculations are ultimately very simple even when dealing with such large units.
But this has not been a problem for Sony, mainly due to the fact that thanks to first-party games, exclusive titles released on other platforms and user subscriptions to services such as PlayStation Plus, the brand has recorded a significant number of profits in recent months. This shows the great potential that the company itself has to continue growing in the video game sector, even without taking into account the hardware, which puts it in a really good position compared to its main competitor.
Ultimately, as we know very well, both companies try to get the most out of other types of investments in the sector that are not only related to hardware, even if it means buying studios that develop several titles of great popularity that end up closing or laying off a large part of the staff after a while.
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