One such console turned out to be PlayStation 5. As Sony’s business presentation noted, the PS5 is the brand’s most profitable generation of consoles to date, with $10 billion in operating revenue in the first four years.
Compared to the previous generation, the PS4 earned the company $9 billion in sales over the first seven years from 2013 to 2019. So PS5 has already surpassed its predecessor.
At the same time, both generations have the same number of active users; 49 million people each.
But the situation for the console industry remains tense: despite the PS5 audience growing, profits are still falling. Even despite the relative success of last-generation consoles, “combined with the projected decline in console sales by the end of 2024, profits are likely to fall further unless Sony finds another solution.”
Source: Ferra
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