It was reported early into the generation that PS5 (standard edition) started making profit just a few months post launch (pretty sure Sony hit record profits during PS5's launch window, which is unprecedented). But COVID complications and economical changes really messed things up, and now nearly 3 years later, PS5 is priced higher than it did at launch.
As KazuyaMishima pointed out though, Sony's hardware profit forecast hints at a combination of pricecuts, aggressive deals, and "Digital Edition" being pushed. Because if pricing doesn't change, the cheaper revision (lower BOM and shipping cost) and the 25 million target should increase profitability.
About time PS5 got its first pricecut, but it sucks that manufacturing costs are barely dropping since launch.
