Sony Claims PlayStation 5 Disc Edition to No Longer be Sold at a Loss Starting in June - News
by William D'Angelo , posted on 01 June 2021 / 3,048 Views
Sony Interactive Entertainment in its Game & Network Services Segment of Sony Group’s Investor Relations Day has claimed the standard edition of the PlayStation 5, which comes with a disc drive, will break even and no longer be sold at a in June.
"Another area that we focused on is our console economics," said Sony Interactive Entertainment president and CEO Jim Ryan during the event. "I’m pleased to say that the PS5 standard edition will break even from next month’s production. And from then on, we project that it will gradually become increasingly profitable."
Ryan added that the PlayStation 5 standard edition is the majority of PS5 sales and he does not see that changing much in the current fiscal year, which ends March 31, 2022.
"The standard edition represents the very great majority of PlayStation 5 sales," said Ryan. "We do not see that proportion changing greatly in FY21. But we anticipate as time passes, as we move further into the cycle of PS5, that there will be some slight increase in the ratio of the digital edition, but not significant."
The PS5 with a disc drive is priced at $499, while the PS5 Digital Edition is priced at $399 and does not include a disc drive.
The likely reason Sony doesn't mention the Digital Edition will break even in June is due to it being $100 cheaper, but the removal of the disc drive is not enough to bring down the cost of the console by the same amount.
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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Well that was fast!
Damn! That's surprising, i mean, ps5 got some nice hardware on it and Sony can deliver such machine at no loss on first year !! They realy put some work on ps5 economics.
And this is with covid premiums for at least some parts of the supply chain.
I think that have been the fastest they have break even on HW purely. Probably means they will be in a good place to slash 50 or 100 of the price by Holiday 2022.
So the digital version will be sold at a loss for a year at least. Because that Blu-ray drive will cost less than 30€. Not that it matters anyway. The digital ratio is really high and most people buy first party games for their new PS consoles. Which means their second sale puts the console into profits.
Good news. Happy to see them making money on these now. Hopefulky this will free some funds to make even more games ?.
Strikes me as a bit optimistic with the second part of that graph, also with no scale on the side its impossible to say if this is a decline of $5 or $50.
The scalpers never lost a dime on the ps5
ps5 come on keep on sellin! haha! what a beast but a pretty small gall bladder,
oh sorry SSD hahaha!
