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PS6 Release Date And Price Are Still Up In The Air, Sony Says

PS6 Release Date And Price Are Still Up In The Air, Sony Says https://ift.tt/h4dIM8R In its latest financial results, Sony revealed that it has yet to determine pricing or a launch date for the PlayStation 6 . While the console hasn't been officially unveiled yet, Sony did mention that it is increasing investment in its "next-generation platform" while also working out how to deal with the global component shortage crisis driven by various global factors currently. Responding to questions, Sony president and CEO Hiroki Totoki explained that the rising costs for vital components like RAM would have an impact on its PS6 plans. "We have not yet decided on at what timing we will launch the new console, or at what prices," Totoki said during the call. "We would like to really observe and follow the situation. Looking at the current circumstances, the memory price is also expected to be very high in the Financial Year 2027, because there will still be a shortag...

PS5 Pro Could Launch Just In Time For GTA 6, Analysts Predict

PS5 Pro Could Launch Just In Time For GTA 6, Analysts Predict https://ift.tt/iIt0S4d

Analysts are predicting a PS5 Pro might enter the market soon, possibly as a way to boost interest in the console brand and have a more powerful platform ready for the release of Grand Theft Auto 6.

"There seems to be a broad consensus in the game industry that Sony is indeed preparing a launch of a PS5 Pro in the second half of 2024," Serkan Toto, CEO of Tokyo-based games consultancy firm Kantan Games, said to CNBC. "And Sony will want to make sure to have a great piece of hardware ready when GTA 6 hits in 2025, a launch that will be a shot in the arm for the entire gaming industry."

During last week's earnings call, Sony predicted a gradual decline in unit sales and has since cut its PS5 sales forecast for the current fiscal year ending in March. Originally predicting to sell 25 million units, Sony now expects 21 million PS5s to be sold during this period. The announcement has already wiped $10 billion of value off of Sony's stock, with some analysts saying the sales goal was overly ambitious for the company while it experiences declining margins in its gaming business.

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