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Playstation sees record sales but PS5 sales are down

The famous company has unveiled its latest technology. this Tuesday its annual financial report. Objectives not completely achieved and it is unsurprisingly the PS5 which is paying the price.

News around video games has continued to be active in recent weeks. Lately, all eyes have been on Nintendo and its official announcement regarding the release of a Nintendo Switch 2 for the # 39; horizon 2025. But today it's Playstation's turn to give its news.

Playstation has communicated its financial results for the period April 2023 – March 2024. In details, Sony has posted: a significant drop of 7% in its annual operating profit. However, turnover has never reached such a threshold. For its 2023 fiscal balance sheet, PlayStation records 8.9 billion euros in revenue. A historic record which does not seem to delight the leaders however.'There's one point that does not escape the eyes of fans of video games, it's the one concerning the group's latest console.

Sony couldn't escape it and it's the PS5 that faces this challenge. a drop in sales over the whole of 2023. The objective had been to increase sales over the whole of 2023. initially revised in February 2024 & 21 million sales, following low purchases made during the important holiday period. In the end, this objective was not even achieved. reached and Sony indicates that it has sold 20.8 million Playstation 5s for the year 2023, a drop of 29%. Let us remember, however, that sales in the first quarter of 2024 reached 4.5 million units, remaining far from 6.3 million for the same period. ;period last year.

Sony still hopes to stabilize sales of its console at around 18 million during the new fiscal year which has just started. This period should notably count on the arrival of a major customer who could put the group back on a good track: the PS5 Pro. A bet à day which would be much more powerful than the current PS5 but we are still waiting for an official announcement.

Teilor Stone

By Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116