this post was submitted on 14 Feb 2024
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What were their expectations? PS4 sold 117M globally. PS5 is currently 54M, and it was severely supply constrained by chip shortages at the beginning of its run. If this didn't meet expectations, then their expectations were out of wack.
I'm just doing the math, but if the ps4 sold for 200 at launch, Sony made about 23.4 billion, and if the ps5 cost 500 at launch, Sony made 27 billion. They made less sales yet still did better than with the Ps4.
PS4 was $400 at launch.
Though, tbh, it's game sales that drive their profits. Consoles themselves are on thin to negative margins.