PlayStation 4 sales are slowing as PS5 looms this year

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Sony’s PlayStation 4 sales were down 25 percent year on year this holiday season, with the company shipping 6.1 million units for a total of 108.9 million as of the end of 2019. It’s the lowest holiday quarter for the PS4 since its launch period in 2013.

Third-quarter revenue at the PlayStation division was down 20 percent to 158.5 billion yen ($1.46 billion), which Sony accounts for by pointing to lower sales of hardware and third-party software titles. The company now expects revenue for the fiscal year to be 50 billion yen ($459 million) lower than previously forecast, a 3-percent drop.

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via The Verge – All Posts

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