
Sony Cuts PS5 Production by 4 Million Units for Current Fiscal Year, According to Bloomberg - News
by William D'Angelo , posted on 01 October 2020 / 2,643 ViewsSony Interactive Entertainment has lowered its estimated PlayStation 5 production by four million units for the fiscal year ending March 31, 2021, according to Bloomberg. The original estimate was 15 million and is now 11 million.
The lower production is due to issues with the production yield of the PlayStation 5's custom-designed system-on-chip.
Niko Partners senior video game analyst Daniel Ahmad clarified that production shipments are not the same as retail shipments or sell-through. He said PlayStation 4 retail shipments were at 7.5 million at the end of the March after it launched. Production shipments would have been near 10 million.
The PlayStation 5 will launch in Holiday 2020. While the price and launch date have yet to be announced, Sony is hosting a PS5 showcase this Wednesday, September 16.
I keep seeing this but it's comparing Apple's to Oranges.
— Daniel Ahmad (@ZhugeEX) September 15, 2020
These articles are always talking about production shipments. Not Retail shipments or sell through.
PS4 retail shipments were 7.5m end of March, but production would have been near 10m.https://t.co/N1ZnElm78x
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
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Not particularly good for Sony. This cuts off the expected 10+ million it was to put out for its fiscal year as stated above. The cost of production and price seems to be underlying issues. This console will still sell out for the holidays so trying to find one now will even more difficult :(
Will take this rumor with 1 ton pinch of salt, there have been rumors in all directions with PS5.
Very true. I'd prefer Sony come out and confirm things themselves. But the demand for Sony PS5 is certainly there.
I'm pretty sure that if Sony on the 16th said their forecast is 20M for March 2021 (or even if it was on their quarter report) and said yields are 80% some rumor would surface that they actually planned 30M but cost or yield or anything else prevented that.
But yes, lack of official information certainly gives our rumor guys a feast.
They could be trying to avoid taking huge losses now that they have to lower the price of PS5 to compete with Series S
its going to be fine,
not a lot of people will day one buy ps5