Sony recently held its Q1 2021 earnings call, where Hiroki Totoki, Sony’s CFO, announced that the PlayStation 5 Standard Edition ($499) is no longer sold at a…
In context: Few consoles are profitable immediately after launch, and the PlayStation 5 isn’t different. Eight months have passed since PS5 was released, but only now the standard edition of Sony’s console has become profitable or rather is not being sold at a loss. As for the Digital Edition, it looks like Sony still has to wait a bit longer before turning a profit. Sony recently held its Q1 2021 earnings call, where Hiroki Totoki, Sony’s CFO, announced that the PlayStation 5 Standard Edition ($499) is no longer sold at a loss. As for the Digital Edition ($399), it still isn’t profitable.
