Tech & Gadgets

Sony’s PS5 sales plummet amid price rises and a memory crisis

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Sony reported a 46 percent drop in PS5 console sales to just 1.5 million units in their latest fiscal quarter, following two price hikes over the past year due to economic pressures and memory shortages. This decline signals challenges for developers and tech professionals reliant on strong gaming hardware sales for revenue and investment in new technologies. Ongoing memory costs could further impact Sony's gaming revenue forecasts for the upcoming fiscal year.

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