Sony doesn't care! PS5 Update!

$11 billion dollars!

00:00 - Intro
00:26 - 500% Increase
09:48 - 11 Billion Injection
16:10 - Build your own Portal

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**500% increase - PS5 is DOMINANT

https://www.eurogamer.net/sony-report...

Sony shipped five times more PlayStation 5 consoles than Microsoft managed with Xbox Series X/S in the last quarter.

That's according to Niko Partners analyst Daniel Ahmad, who's done some digging after Sony's latest financial report released yesterday.

The PS5 shipped 4.5m units in the last quarter, meaning Sony has now sold over 59m PS5 consoles in total. This is roughly equivalent to PS4 at the same point in its lifecycle.

Microsoft, meanwhile, has seen a 31 percent year-on-year drop in Xbox console sales, although specific figures have not been released.

Interestingly, PS5 sales dropped by 29 percent year-on-year, although console sales are up for the year as a whole.

Together it's a sign of slowing console sales across the industry, although overall sales for PlayStation consoles are significantly higher than Xbox Series X/S sales. That's matched by Sony's seeming inability to sell more consoles than the previous generation.

A year ago, between 1st January and 31st March 2023, the PS5’s sales exploded 219 per cent year-over-year. This is because Sony, as was widely publicised at the time, finally solved its pandemic-induced stock issues, and launched a gigantic global campaign to promote its new-gen console’s availability. This resulted in a record-breaking quarter for the brand, where it shipped 6.3 million consoles.

To put that into perspective: the PS4’s best-ever Q4 managed just 3.1 million units, less than half the abovementioned total. The 29 per cent decline in this most recent quarter is being compared to unprecedented success, then. In fact, the 4.5 million units that PS5 did ultimately ship is significantly higher than the PS4 record discussed above.

Circana’s Mat Piscatella noted on social media this week that PS5 is actually 7 per cent ahead of PS4 launch aligned in the United States, meaning it’s the rest of the world where the new-gen console is falling behind. And there’s a very simple explanation for that: Sony has actually increased the price of its flagship format in basically all regions outside of the United States.

Sony Allocates 11 BILLION dollars to Acquisitions

https://tech4gamers.com/sony-11-1-bil...

According to Sony’s FY2023 earnings report, they are ready to splash a lot of money on acquiring new studios. It is important to note that while $11.5 billion may sound like a huge sum of money, not all of it will go toward PlayStation.

This sum will include acquisitions in various industries. For instance, Sony was recently rumored to be buying Paramount. Still, Sony Interactive Entertainment will benefit from the strategy.

The announcement has led to anticipations about which studios Sony plans on making its own. Microsoft’s acquisition of Activision Blizzard shook up the industry for better or worse, but Sony is unlikely to pursue a merger of this scale.

It intends to be more selective with future buyouts. In the future, the gaming giant could increase its investment further in Kadokawa Group, the parent company of FromSoftware.

It could also look toward teams like Shift Up after Stellar Blade’s recent success.
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