Sony denies cutting PlayStation 5 production targets

PlayStation 5 Priced at $449, PS5 Digital Edition Below $400: Report

PlayStation 5 Priced at $449, PS5 Digital Edition Below $400: Report

Original: A Bloomberg report has claimed that Sony has cut down PlayStation 5's initial production forecast by 4 million due to manufacturing issues with its custom system-on-chip (SOC). Yields have been gradually improving but have yet to reach a stable level, they added.

Notably, when the news broke, it led to Sony's shares closing down 2.4 percent in response. Sony continues to keep us in the dark over the PlayStation 5, but that may change this week.

Analysts are concerned that SOC production issues can result in an increase in the component's cost, which will impact Sony's profits.

Previously, Sony had raised the fiscal year forecast of PS5 back in July in order to meet anticipated demand.

Lee wins ANA Inspiration play-off, Maguire shares 18th
Henderson's second shot came up just short, and she used putter for her eagle attempt that rolled out some 7 feet pasts. Lee hit five-wood just over the back of the putting surface, chipped to 5 feet and made the victor .

Pre-orders sign-ups are now open for the PlayStation 5.

There will be a limited quantity of PS5 consoles available for pre-order, so we will be inviting some of our existing consumers to be one of the first to pre-order one from PlayStation.

While Microsoft finally announced pricing details last week, Sony has continued to be cagey about its plans. The full PS5 console may be priced as low as US$449 while the slimmer digital-only version may dip below $400, according to Bloomberg Intelligence analyst Masahiro Wakasugi.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.