Photo by Vjeran Pavic / The Verge
In February, Sony revealed it was selling the PlayStation 5 at a loss — but that’s imminently about to change. The PS5 should hit break-even in June, and become profitable the very same month, according to a presentation the company shared with investors (PDF) during its investor day today.
Needless to say, that’s fast — happening before the company has even managed to catch up with demand, in the midst of a global chip shortage. (We bemoaned the needless drama of buying a PS5 just days ago!)
Mind you, this is for the standard PS5, the one where Sony has to supply a 4K Ultra HD Blu-ray drive and pay as much as $8 per console in licensing fees, and charges you an extra $100 at retail. It’s not clear if Sony’s driveless PS5…