I just read that Sony has had major losses across the board due to Covid-19 and that they are short term not doing well. Game department was pretty much the only profit. While selling PS5 at a lower price than they would have will help them a lot more in the long run, selling the device at a loss or significant loss may put their short term finances, as a whole company, into dangerous territory.
I don't particularly like PlayStation brands/products, and have never bought any, but I want them to be in a healthy situation as they push Nintendo and Microsoft and the whole gaming industry forward, just as the other two do as well.
If Covid-19 keeps up, Sony may have to do a lot of restructuring to stay afloat at this rate. I could see PlayStation spinning off to some other company in order to get the cash they may need. Movies are bombing left and right or simply being delayed from release. PlayStation is safe regardless, but I'm not so sure about Sony.
https://sonyreconsidered.com/sony-q1-2020-earnings-overview-revenue-2-profits-1-f467dafe5609
