Sales hit hard: PS5 quarterly sales fell 46% to 1.5 million units, marking the steepest decline since launch. Revenue outlook cut: Sony forecasts a 6% drop in gaming revenue but expects profits to ...

Amid a memory shortage that forced it to raise PS5 prices twice in less than a year, Sony sold just 1.5 million PS5s in its ...

Sony CEO Hiroki Totoki says that increased production costs could have a 'big impact' on PS5 console pricing, but another ...

Sony has said it has yet to decide when to launch the PlayStation 6, nor how much it will cost, as memory shortages continue ...

Sony sold just 1.5 million PS5 consoles in its most recent fourth fiscal quarter, down 46 percent year over year. The slump ...

A new report on Insider Gaming has revealed a slew of new details on the PS5 Pro Specs, which offers a comparison between the as-yet unannounced mid-cycle fresh and the standard version of Sony’s ...

If you're considering purchasing a PlayStation 5, it might be wise to hold off a little longer. Recent rumors suggest that Sony is preparing to launch a PlayStation 5 Pro later this year, promising ...

Analysts at Bernstein downgraded Sony (SONY) to “market perform” from “outperform” on Tuesday, citing the challenges for procuring memory components due to AI demand and elevated prices, which are ...

The Japanese entertainment and technology giant forecast a 6% drop in annual gaming sales to 265.7 billion yen ($1.69 billion ...

(Corrects name of organisation in paragraph five to Morningstar from HSBC) By Sam Nussey TOKYO, May 8 (Reuters) - Nintendo ...

While hardware sales took a hit in Sony's fourth-quarter, strong revenue from its image sensing and music businesses offset ...

Hiroshi Takai, the main director of Final Fantasy 16, is thoroughly impressed by the speed and power of the PS5. In particular, he points to the console’s memory size and SSD speed as something that ...