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Ka-pi96 said:

That's one possibility.

It's also possible that people are just buying PS4 games instead because there aren't any good PS5 games. Seriously, is there even a single good exclusive?

This, unlike the PS4/Switch, the PS5 is 99.99% BC with the previous Gen, including graphical improvment (Demon Souls is a great exclusive, although it isn’t for every one)

heck, right now Microsoft’s literally marketing the Series X/S as a BC machine due to the lack of Dedicated games at launch