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Oct 10, 2023 · The new slim PS5 with the disc drive will cost the same as the current version at $499, while the all-digital version will see a $50 price increase to $449. The blog post also confirms that once ...
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By Wesley Yin-Poole
Updated: Feb 15, 2024 10:46 am
Posted: Feb 14, 2024 10:20 am
After sales of the PlayStation 5 failed to meet expectations, Sony has said the console is entering “the latter stage of its life cycle.”
Sony had set an ambitious target of 25 million PS5s sold during the current financial year ending March 31, 2025, but has now revised its forecast down to 21 million after PS5 sales during the crucial holiday 2023 quarter came in lower than expected despite aggressive promotions. Sony sold 8.2 million PS5s during the third quarter ending December 31, 2023, up from 7.1 million sold during the same quarter the previous year, but that was not enough to hit Sony’s lofty target.
According to Bloomberg, Sony senior vice president Naomi Matsuoka said the company now expects the sales pace of the PS5 to start falling from the next fiscal year, which begins April 2024 and runs until the end of March 2025.
The PS5 launched November 2020 during the height of the pandemic, and has now sold 54.7 million in just over three years. This November the console turns four years old, and with Sony now saying it is entering the second half of its life cycle, thoughts will inevitably turn to the next-generation and the PS6.
One game that may be set for the PS6 as a launch title is Hideo Kojima’s return to the action-espionage genre, Physint. Kojima has said work on the game is expected to begin "in earnest" at Kojima Productions after Death Stranding 2 and in partnership with Sony. Death Stranding 2 has a 2025 release window, and, based on Sony’s latest comments, probably won’t come out before April 2025. Physint wouldn’t then be expected until 2026 at the earliest, possibly 2027 or 2028. The PS4 came out November 2013. The PS5 came out seven years later, in November 2020. If this pattern repeats itself, the PS6 will come out November 2027.
Elsewhere, Sony has said it will not release any major existing PlayStation franchise games before April 2025, ruling out big sequels in the God of War and Spider-Man franchises any time soon.
Wesley is the UK News Editor for IGN. Find him on Twitter at @wyp100. You can reach Wesley at wesley_yinpoole@ign.com or confidentially at wyp100@proton.me.
- Wesley Yin-Poole
Oct 11, 2024 · Amazon: The go-to e-tailer will have discounts on all PS5 games and gear Very: Regularly gets good stock and will price match John Lewis: Sweetens the PS5 deals on tech with extended guarantees
Sep 16, 2024 · It’s open to debate but Sony is asking a lot for a machine that’s not a next-gen console. The PS5 Pro pre-order price of $699.99 / £699.99 / AU$1,200 is around the price of an entry-level ...
Feb 17, 2024 · Sony's plans for the PS5. Sony's statement didn't define what exactly it means for the PS5 to enter "the latter stage of its life cycle," other than to say that it will "put more emphasis on the ...
Jun 1, 2024 · While its brash, hulking design means the PS5 is possibly going to make a bad first impression with some, spend 10 minutes playing games on one and we think it’ll win anyone over – and then some. Whether it’ll be remembered as fondly as its mighty predecessor is still to be determined, but the PS5 is pound-for-pound the best console in the world right now.
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Dec 21, 2023 · The PS5’s SSD can read 5.5GB in just one second (which is, on paper, twice as fast as the Series X). In practical terms, that speed means you can fast-travel to nearly any point on the map in ...
