Monthly Archives: August 2015
Sony was forced to slash its PS5 sales forecast by millions of units due to market conditions.
In the current fiscal year, Sony expects to sell fewer PlayStation 5 systems than previously predicted. Due to continued component shortages, the company cut its expectations by millions of units. Sony to surpass PS4 sales Sony had earlier predicted that the PS5 would sell more than 14.8 million units by March 2022, surpassing the PS4's sales in its second financial year on the market. The business no longer expects to be able to meet that level of demand, and now expects to sell 11.5 million units this year. "Unfortunately," said CFO Hiroki Totoki in a Q3 earnings call, "we have…
An Xbox Fan’s Ode to Bungie
The year 2022, dubbed "The Year Everything Got Consolidated," has only been a month, and the video game industry has already seen three significant acquisitions totaling $85 billion. Bungie, the leading first-person shooter developer, has agreed to join Sony and PlayStation Studios in a $3.6 billion deal. While both Bungie and Sony have stated that the company would continue to develop games for several platforms, this may only be true for Destiny, which has a vibrant community and long-term support. Bungie has other projects in the pipeline, and while the company claims that they will remain multiplatform games, that could…