Why is Sony cutting back on PS5?

Sony reportedly cuts back PlayStation 5 production again due to chip shortage. Place your chips anywhere. Sony has reportedly reduced its production forecast for the PlayStation 5 again because of "component and logistics constraints".

Why is Sony making a loss on PS5?

PS5 hits 25 million, but Sony gaming profits fall 49% due to rising costs.

Is Sony discontinuing the PS5?

Additionally, he writes that Sony will stop producing regular PS5 and PS5 Digital Edition models by the end of 2023. Hence, Sony may only sell the PS5 with a detachable disc drive in 2024 unless Slim or Pro models arrive.

Is Sony downgrading the PS5?

Sony recently announced a price increase for its PlayStation 5 (PS5) console, which has caused Sony to downgrade the PS5's annual sales figures for 2022.

What did Sony removed from PS5?

Sony will stop offering the PlayStation Plus Collection, which gave PS5 players who subscribed to PlayStation Plus access to more than a dozen classic PS4 titles, on May 9th, the company announced on Wednesday.

SONY DITCHING PS4 FOR 2023? XBOX CUTTING DOWN BETHESDA & MORE

Is a PS5 Pro coming?

Some rumours have suggested that the PS5 Pro will launch as early as June 2023. But given the stock issues of the original PS5, many are predicting a more conservative release date of late 2023.

Is PlayStation Plus going away?

PlayStation confirms it will no longer offer the PS Plus Collection after May 9, 2023. This collection of games was a benefit for subscribers who had a PS5 since its launch in November 2020. Two and a half years later, the company will cease its availability to new players.

Will Sony release a better PS5?

We have seen some reports that suggests a PS5 Pro may hit shelves around 2023 or late 2024. That's a long time to wait, but before that we may see a PS5 with a detachable disc drive.

How long until PS5 shortage is over?

Despite this, the tech industry is dealing with semiconductor shortages that have made manufacturing devices like the PS5 much more difficult, and some estimate this shortage will last well into 2023 (and possibly 2024). So just how available the console will be in the coming months remains to be seen.

Is Sony making profit on PS5?

The increase in PS5 console sales is part of the reason Sony has increased its year-end operating profit forecasts to 1.18 trillion yen (around $9.1 billion), up from 1.16 trillion yen previously, Nikkei notes.

What is Sony going to do about PS5 scalpers?

Fortunately, Sony has come up with a new incentive that could finally put a dent in scalpers' wallets once and for all. Yahoo! Japan (via Push Square) reports that Sony is currently working with Japanese retailers to produce and distribute what are, effectively, anti-scalper seals.

What is Sony doing about PS5 scalpers?

Sony is still trying to find ways to stop PS5 scalpers, and is considering adopting stricter requirements to purchase the console. This comes as the company claims to have avoided issues with scalpers with PS VR2 pre-orders, as placing an order requires the buyer to prove they are a legitimate customer.

Is PS5 shortage getting better?

Two years after the console's launch, the global PlayStation 5 shortage is officially over. So said Jim Ryan, the president of Sony Interactive Entertainment, at the Consumer Electronics Show 2023 on Wednesday. “PS5 supply improved towards the end of last year,” Ryan said during a stage presentation in Las Vegas.

Will PS5 get easier to buy?

It has been almost 26 months since Sony released the PlayStation 5. Finally, finally, after two years of high demand and global supply chain issues causing a relatively short supply, the company says it should now be much easier for you to get your hands on a PS5.

Is PS5 availability improving?

While stock still sells out faster than retailers can supply it, it's also re-appearing faster than ever. We had hoped that the PS5 would become readily available by the beginning of 2023, but that hasn't happened.

How much will a PS5 Pro cost?

However, the PS5 Pro may have a more reasonable price of £450/$490, in a similar vein to the vanilla PS5 RRP. Since the PS4 Pro also launched with the same £349.99/$399.99 price point as the base PS4, it would make sense for Sony to stick to the same tactics.

Which console should I buy in 2023?

The Xbox Series X is the most powerful gaming console on the market, and together with a Game Pass subscription it gives you an almost endless library of titles to dive into (including launch-day Microsoft releases).

Will there be a PS6?

The launch of the PS6 is highly anticipated, despite it only being three years since the launch of the PS5, but just like most consoles, it's likely that Sony is looking ahead to the successor already.

Why is PlayStation getting rid of PS Plus Collection?

While unconfirmed, it seems likely that the existence of PS Plus Extra and Premium played a role in Sony getting rid of the PS Plus Collection. After all, the PS Plus Collection made some of the PS Plus Extra and Premium games redundant.

Can I play PS Plus games forever?

Only if the game is a “free monthly game”, you will not be able to play it once your subscription ends. All other games bought on the PS store (whether at full price or discount or extra ps-plus discount), are yours to keep as long as you login with the same PS ID.

Why are PlayStation still sold out?

Its quick rise to popularity amidst the Covid-19 pandemic though meant one thing: the PlayStation 5 was consistently sold out as supply chain issues kept Sony from keeping its supply up with the ever-increasing demand.

Is PS4 better than PS5 pro?

PS5 vs PS4 Pro highlights some drastic differences, which makes sense with them being a generation apart. The PS5 is by far Sony's most powerful console to date, but that's not to say that the PS4 Pro lacks chops. The Pro still maintains stellar performance with meaningful upgrades over the base model.

Which PS5 is better disc or digital?

Though it costs $100 more than digital edition console, the standard PS5 model lets you play physical games on disc. The PS5 digital edition console costs $100 less than the standard model. It delivers the same gaming performance, but it does not include a disc drive.

Is ps6 coming out before PS5?

Lifewire's Release Date Estimate

Since the PS5 became available in November 2020, it likely won't be until the same month, in 2026 or 2027 (or possibly even 2028), we see a PlayStation 6. Just in time for holiday shopping!

How many times will the PS5 restock?

PS5 at GameStop

The consoles are often sold as part of bundles. The retailer typically restocks the PS5 once a month, generally on a weekend.