If you are a huge PlayStation fan, this news might excite you. Recently, SONY confirmed that the PS5 has become its most profitable console generation to date. That said, what should you know about it?
In the four years since its launch, the PS5 has generated $10 billion in operating profits, surpassing the $9 billion generated by the PS4 between 2013 and 2019. In comparison, the PS1 had an operating profit of $3 billion, the PS2 had $2 billion, and the PS3 lost $4 billion. The PS5's sales revenue has caught up with the PS4's level in a shorter period of time.
Although the user base of PS4 and PS5 is almost the same (half and half each), the PS5 era has become its most successful generation according to Sony's standards. In particular, players spend significantly more time on PS5. PS5 has now sold more than 50 million units, and sales are expected to grow further this year.
Former CEO Jim Ryan once predicted that the PS5 generation would become Sony's most profitable console generation. Now it seems that this prediction has come true.
What are your thoughts about this news? Stay tuned for more news and updates like this at TechNave!
COMMENTS