Sony has just announced that it has distributed 54.8 million PS5s, the Japanese company in the meantime is looking to the future setting goals for the next fiscal yearwhich will begin on April 1, 2024 and end on March 31, 2025.
For the indicated period, Sony expects a “gradual decline” of PS5 hardware sales and decline in software sales, also due to the fact that “there are no planned launches of new games from major franchises already known during the fiscal year”, this means that from April 1st 2024 to March 31st 2025 no other titles from already known series will be released come Marvel’s Spider-Man, God of War o The Last of Us.Sony has several “big projects” planned for the next fiscal year, thus relying on new IPs. This will inevitably lead to a decline in profits from software sales and will have a certain impact on the sales of first party games. However, we expect a “gradual expansion” from profits and sales of third-party games, as well as revenues from services.
Sony’s CFO then highlights how PS5 is approaching the second half of its life cycle, Sony will try to maintain the installed base and expand it, aware in any case that the market is experiencing a very delicate phase. However, there is no mention of the possible arrival of new hardware such as the much rumored PS5 PRO, due out at the end of 2024 according to some rumors.