this post was submitted on 14 May 2024
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This isn’t really news. The PS5 is 4 years into its cycle by now.
Missing its sales target means that Sony expected it to sell more by this point in its cycle. The console model is breaking down.
Everyone set way too ambitious targets post-covid, they don't want to admit that because it makes it look like the c-levels are clueless idiots
Which includes the pricing model. Some regions even saw a price increase.
A lot of corps threw out the whole concept of a demand curve over the pandemic.