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Sony Faces Significant Decline in PS5 Sales Following Price Increases

In the latest fiscal quarter, Sony's PS5 sales fell to 1.5 million units, marking a 46% drop compared to the previous year, attributed to price hikes and ongoing supply chain challenges.

Editorial Staff
1 min read
Updated 1 day ago
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Sony's recent sales figures reveal a troubling trend for its PS5 console, with only 1.5 million units sold in the fourth fiscal quarter, a significant decline of 46% year-over-year.

This downturn follows two price increases within the past year, which have likely contributed to the reduced demand for the gaming console.

Experts suggest that the combination of rising costs and persistent supply chain issues may be further complicating Sony's ability to meet consumer demand.