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Consoles are no longer sold at a loss

Consoles are no longer sold at a loss

Sony has confirmed that sales of the PlayStation 5 with Drive will no longer be a loss to the company.

It’s an open secret that especially at the beginning of a new generation of consoles, manufacturers like Microsoft, Sony or Nintendo are losing money on every console they normally sell and making a profit by relying on good software sales. The PlayStation 5, released by Sony last November, is no exception.

During Sony’s quarterly business conference, CFO Hiroki Totoki announced that selling the PlayStation 5 with Drive (99 499) would no longer be a loss for the company. It is still available in the digital version of the PlayStation 5 (9 399), but can be offset by sales of other hardware such as the PlayStation 4 or peripherals.

To date, 10.1 million PlayStation 5 consoles have been shipped worldwide. At the end of the current fiscal year, Sony is targeting a total of 14.8 million units. Totoki assured that the project would not fail due to the absence of semiconductor chips.

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