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[Bloomberg]Sony reported strong 1Q earnings,meanwhile, pace of PS5 hardware sales decline faster than what market had expected is a concern.
ShaiKhulud1989
Gold Member
Mochizukis takes should be banned at this point.
Overall company is doing quite nice for an empty Q1 on it's 4th year.
Overall company is doing quite nice for an empty Q1 on it's 4th year.
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anthony2690
Member
Helldivers 2 absolutely carried sony through this year, I am still genuinely surprised it blew up the way it did, as there seemed to be very little hype online prior to release.
Very happy for Arrowhead.
Very happy for Arrowhead.
kazuyamishima
Member
So, are they Doomed or are the doomed?
ShaiKhulud1989
Gold Member
Outlook raised, totally crushing.
I just wuv how Takashi just found some analyst to justify the take about some sort of 'market expectations' even when the Blomberg headline is very positive.
DenchDeckard
Moderated wildly
Where did Sony touch this guy!?
Tiago Rodrigues
Member
The fact the PS5 is selling the way it is after a price increase and barely any killer hits is amazing at this point.
I'll worry if GTAVI releases alongside most of their exclusives and the console doesn't move more units...and if Sony doesn't find a way to decrease the hardware price. At this point it's ridiculous that a console that came out in 2020 is more expensive in 2024.
I have yet to see this Takashi guy writing anything negative about any other console manufacturer...and all are decreasing sales and faster than the PS5.
I'll worry if GTAVI releases alongside most of their exclusives and the console doesn't move more units...and if Sony doesn't find a way to decrease the hardware price. At this point it's ridiculous that a console that came out in 2020 is more expensive in 2024.
I have yet to see this Takashi guy writing anything negative about any other console manufacturer...and all are decreasing sales and faster than the PS5.
dragonyeuw
Member
At this point the ps5 is $150 more than the ps4 at its age( and I think we were getting $199 BF doorbusters as well). The system selling anywhere near Ps4 without a price drop, the perception real or otherwise of a lack of titles(compared to the past), and hell a price increase is a mini-miracle. I'm waiting to see what happens with the Pro because I haven't jumped onboard yet. This is the longest I've gone without having bought a PlayStation in any given generation.
They're gonna need to get back under $400, ideally $350, at some point to get the crowd who just buy the annual call of duty and madden. They aren't dropping $500 on a system.
They're gonna need to get back under $400, ideally $350, at some point to get the crowd who just buy the annual call of duty and madden. They aren't dropping $500 on a system.
Tiago Rodrigues
Member
The duality of being an analyst.
PS: PS5 is behind the PS4 by like less than 2M units. At this point the PS4 was like 150 cheaper and the Pro had been released already.
Sony is doing more than fine.
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TheGodfather07
Member
I don't think the brand is losing its strength like some people are saying. The fact that it's even close to PS4 at all is good because PS5 was almost impossible to find for its first two years and there hasn't been any price cuts like there was for PS4. Having said that, sony will not want to fall further behind PS4 launch aligned. If they can stay 2m behind, they can close that gap after a price cut and releases like GTA VI.
drganon
Member
Takashi "Sony fucked my girlfriend" Mochizuki
dragonyeuw
Member
I'm curious to see what the market is like in a decade when Gen Z are a larger percentage of the market than Gen X/Millienials. Anecdotally my son has no interest in console gaming even though he had a PS2 and Wii back in the day.
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The Cockatrice
Banned
Sony: why our PS5 sales are dropping so fast guys?
People: we have no games to play on it, exclusively.
Sony:
Its 2024, most households own a decent gaming PC, if you want ppl to keep buying a PS5 make great games for it already Jesus fuck. Bloodborne 2, BLoodborne remake, Wolverine, new TLOU, new uncharted, more unique IP's like Stellar Blade, etc. cmon gives us something ffs.
People: we have no games to play on it, exclusively.
Sony:
Its 2024, most households own a decent gaming PC, if you want ppl to keep buying a PS5 make great games for it already Jesus fuck. Bloodborne 2, BLoodborne remake, Wolverine, new TLOU, new uncharted, more unique IP's like Stellar Blade, etc. cmon gives us something ffs.
KungFucius
King Snowflake
How does it being hard to get for a couple of years matter now? If people really wanted it they would have it by now. All you could argue is that some impulse buyers somehow would have bought it back then but have self control today.
There are more people on the planet and less competition from Xbox yet Sony is selling less. That is not an accomplishment.
Moridianae
Member
It's not really that bad. Doom and gloom from this guy, but the system hasn't had any real price cuts. It's doing fine.
The PS4 had already had a price cut by this time and as I said in another thread, the economy is *not* really that good for many, many people as a lot of consumers are feeling the squeeze from all the inflationary pressures.
They're already begun to balk at fast food prices like McDonald's, causing declines in their sales overall.
So it stands that folks would also be hesitant for a $450-$500 system in an era where energy, fuel, food, insurance, etc prices are through the roof.
A price cut could help them, but it remains to be seen if they'll even do that once Pro is revealed.
The PS4 had already had a price cut by this time and as I said in another thread, the economy is *not* really that good for many, many people as a lot of consumers are feeling the squeeze from all the inflationary pressures.
They're already begun to balk at fast food prices like McDonald's, causing declines in their sales overall.
So it stands that folks would also be hesitant for a $450-$500 system in an era where energy, fuel, food, insurance, etc prices are through the roof.
A price cut could help them, but it remains to be seen if they'll even do that once Pro is revealed.
kazuyamishima
Member
It could be considered an accomplishment when the system is still $500/£480/€550/¥67k and the only true console only “exclusive” games are Niche Man 2, Returnal, Ratchet and Clank: RA, Destruction All Stars, Helldivers 2 and a PS3 Remake as first party and a couple of 2nd party games.
Gaiff
SBI’s Resident Gaslighter
I wouldn’t bet on that. Most households own a cheapass laptop with an integrated GPU or a trash pre-built PC.
Skifi28
Member
Legend of Heroes: Tales from my ass.
SimTourist
Member
Considering there are no games coming out these days it's doing pretty great
drganon
Member
If they own a computer at all. A lot people just use tablets.
The Cockatrice
Banned
FalsettoVibe
Member
Immediately knew 2 things when I saw this thread :
1. Who wrote that article.
2. OP's post history.
1. Who wrote that article.
2. OP's post history.
Sony is doing fine.
Johnny Concrete
Member
I doubt that.
justiceiro
Marlboro: Other M
Price cut incoming!
Mibu no ookami
Demoted Member® Pro™
Sony Pictures has had to deal with the pandemic, the strikes, and the herculean effort of getting people back into theaters... Those things didn't impact Sony Music in the same way.
If the PS5 Pro didn't release this year and it was apples to apples, this year to last year, Sony is only 400K units behind their forecast for the year.
One way to look at it is that's a 14% deficit, but I think most would assume and rightfully so that the PS5 Pro will easily fill that hole. That's 133K PS5 Pros a month...
That being said, I expect sony is going to have a really weak summer and again that's probably why they had their discounting early, but they still haven't revised their forecast, so they think they're largely on track.
Tal Shiar Agent
Banned
Oh it's this dumbfuck again. He can't help himself.
Big difference between the PS5 and other Sony consoles at this point in time launch aligned.
No price cut yet.
Big difference between the PS5 and other Sony consoles at this point in time launch aligned.
No price cut yet.
Mibu no ookami
Demoted Member® Pro™
I still don't think we're going to see a long term price cut happen before GTA6 comes out, but would love to be wrong. I think if that were the case Sony would be expecting to sell a lot more PS5s this holiday.
Tiago Rodrigues
Member
I still can't believe Sony expected to ell 25M consoles last fiscal year without a price cut. They are a bit out of touch with their predictions.
That said, by the time GTAVI releases the PS5 will be at over 80M sold. That's PS3 overall consoles sold.
We can't just analyse console generations as if they happen at the same time. The market has changed. The PS5 won't have its final years ending abruptly like the PS4 did because Covid won't happen again and because this gen will have most of its game releasing later than last gen, plus price cuts will happen later as well.
Mibu no ookami
Demoted Member® Pro™
Impossible to gauge the tailwinds of the PS5 demand. They were literally selling out as fast as they could ship them, but no, I did not think they could reach that number and caught a lot of flake here for saying that.
The PS5 will probably become the best-selling PlayStation console since the PS2.
DenchDeckard
Moderated wildly
The PS5 has been seen massively discounted promo price points in the UK / Europe and US over the last year. When the slim was coming it was practically 100 off every where for months. It's a clear sign they need to do more. I expect there will be some heavy promotions in the second half of this year.
clarky
Gold Member
This is pulled directly from your ass. Most households don't even have a desktop PC never mind a gaming one.
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The Cockatrice
Banned
digdug2
Member
Nearly 4 years later, I have heard multiple people IRL say that the reason they haven't bought a PS5 is because the majority of games that they want to play are still on PS4. So why should they spend 500 bucks on a console that is not all that much more powerful? TBH, I really don't have an argument for them.
Sure the PS5 is way more powerful, but if it's not going to blow people out of the water with new games and new experiences, they aren't going to upgrade. And then you have companies such as EA bringing current gen games to the former gens. Star Wars Jedi Survivor has been out for almost a year and a half, runs like dogshit on PS5/XSX and here they are porting it PS4 and X1, further strengthening the argument that the PS5/XSX aren't worth it.
Sure the PS5 is way more powerful, but if it's not going to blow people out of the water with new games and new experiences, they aren't going to upgrade. And then you have companies such as EA bringing current gen games to the former gens. Star Wars Jedi Survivor has been out for almost a year and a half, runs like dogshit on PS5/XSX and here they are porting it PS4 and X1, further strengthening the argument that the PS5/XSX aren't worth it.
Magic Carpet
Gold Member
I kind of guestimated that the PS5 was going to sell less than the PS4.
Not as many people having kids anymore + Cellphones taking over the world.
Not as many people having kids anymore + Cellphones taking over the world.
Tiago Rodrigues
Member
Most houses don't have a gaming pc let alone decent.
About Sony "giving something"...Stellar Blade, Rise of the Ronin, TLOU2 Remastered, Astrobot, Silent Hill 2, FFVII Rebirth, Helldivers 2, and there's a remake for Until Dawn still scheduled for this year. (also Concord lmao)
You got original IPs, sequels, remakes, remasters, singleplayer games, multiplayer games, etc...you literally have something for everyone. But yea Sony please give us something...stop giving all this content.
clarky
Gold Member
Laptops, tablets, mobile phones. Sure.
Actual Desktop PC's these days?
Not a chance.
Theres 11 million pensioners in the UK for starters that struggle to use a tv remote nevermind a PC
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Honestly going back to a PS4 after using a PS5 is painful. Everything takes so much longer on a PS4.