PlayStation 5 Slim Is Selling Well, but Not Well Enough

[The Mad Titan]

Some interesting information here, I could swear I've read this somewhere before

PlayStation 5 Slim Is Selling Well, but Not Well Enough; 100 Million Units Won't Be Enough to Recover Development Costs Next Generation

According to a new report from a Japanese securities firm, the PlayStation 5 Slim is selling well, but not enough to surpass the PS4

wccftech.com

The PlayStation 5 Slim seems to be selling well compared to the original model, but it seems like it is still not enough to outperform the PlayStation 4, according to a new report.

As reported by GamesIndustry Japan, securities firm Toyo Securities held a seminar on December 27th to discuss PS5 sales. According to the firm, Sony will sell around 18.5 million units in 2024, missing its target of 25 million units. While it was previously assumed the console was not selling enough due to manufacturing issues, the reality seems to be different, as while the PlayStation 5 Slim is selling well, its sales are not enough to outperform the PS4's sales in a similar timeframe. Still, it is doing well, and it's likely SIE interim president Hiroki Totokoi will highlight them in the company's next financial results.

While sales not hitting their targets, even with the success of the PlayStation 5 Slim, is not a major issue now, it may be a much bigger issue in the next console generation, which isn't all that far off now. According to GamesIndustry Japan, conversations with third parties revealed how difficult it is to recover the current huge development costs with an install base of 100 million units, as even porting titles to Xbox consoles and PC doesn't help all that much. In their report, Toyo Securities highlights this issue as well, saying that this will become even more of a problem in the next generation of consoles, suggesting that Sony should stop seeking increased performance, which leads to increased development costs, and release a smaller system with bigger mass market appeal.

As the massive Insomniac Games leak last month revealed, development costs are going out of control for AAA games and are hardly sustainable. With SIE's leadership change, it will be interesting to see what the company will do to change the situation and how it will impact the gaming industry as a whole.

 

[ItWasWritten]

Another fukking thread from you ? nikka do you have a job ? Gah damn

 

[levitate]

Brehs scouring the Internet, seeking out websites with less than 100 monthly hits to find articles that tangentially disparage he who is in first place.

Sad!

 

[ALonelyDad]

You really want that banner huh?

 

[Rekkapryde]

You really want that banner huh?

Awards Show Video is in post production.

It's borderline mental illness at this point

 

[winb83]

So PC and Xbox ports don’t help. Is this a self own?

 

[The Mad Titan]

So PC and Xbox ports don’t help. Is this a self own?

I mean if 20 million 500 dollar consoles don't help nothing else will either

 

[The Mad Titan]

You really want that banner huh?

You don't like the news?

 

[Cool DOC]

 

[The Mad Titan]

Awards Show Video is in post production.

It's borderline mental illness at this point

Electoral fraud - Wikipedia

en.m.wikipedia.org

 

[rdj]

Good reporting @The Mad Titan

 

[ALonelyDad]

You don't like the news?

If your news is some guys prediction that has been wrong the last 3 years then it’s not really news

 

[The Mad Titan]

Another fukking thread from you ? nikka do you have a job ? Gah damn

 

[Pressure]

Tmt posting like glizmo got yall emotional

 

[Grand Conde]

You don't like the news?

This isn't news. They pulled that 18.5 million number out of their ass. And the target is for 25 million fiscal year 2023, not 2024, so the article makes zero sense.