The PS5 is in the "latter half of the console cycle," but Sony says a price cut is unlikely
Feb. 14, 2024A PS4-style price cut would apparently be “difficult”
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ThePS5has entered the “latter half” of its life cycle, according toSony, and a price cut looks unlikely.
Earlier today, February 14, Sony Group president Hiroki Totoki briefed investors and shareholders on what the upcoming fiscal year would hold for the company. During the briefing, Totoki said that the PS5 was in “the latter half of the console cycle,” according to Bloomberg reporter Takashi Mochizuki.
Elsewhere, Totoki apparently said that a PS5 price cut wasn’t a serious possibility. Sony slashed the base retail price of the PS4 as it entered the twilight of its life cycle, but according to the Sony president, this would be difficult to do for the PS5, as the company is already trying to cut production costs of the PS5.
Read up on ourupcoming PS5 gamesguide for a look over all the exclusives Sony currently has planned in the near future.
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