Business
Sony Struggles with PS5 Sales Amid Price Hikes
Sony reported a significant decline in PlayStation 5 sales, down 46% year over year. Despite the drop, strong revenue from other business segments helped offset the dip.
Coverage timeline — 3 articles
The Verge
Sony sold just 1.5 million PS5 consoles in its most recent fourth fiscal quarter, down 46 percent year over year. The slump in PS5 sales comes after Sony raised the price of its PS5 consoles twice over the past year, pushing the price of the regular PS5 from $499.99 all the way up to $649.99. [̷
2026-05-08 09:15 UTC
MarketWatch
The biggest promotion is often the one we can give ourselves by cutting back on our spending.
2026-05-08 09:15 UTC
CNBC
While hardware sales took a hit in Sony's fourth-quarter, strong revenue from its image sensing and music businesses offset the dip.
2026-05-08 09:20 UTC