Zippy6 said:
Last year 1,954,182. They currently have PS5 as selling 5.9% more this year than last year for the whole of Europe. The UK YoY decline for November (Up to the 22nd) is alarming. But without the rest of the countries, and most importantly most of the heavy discount period accounted for. I wouldn't jump to big conclusions. At the end of the day if it is over tracked enough to drop below 1.96m then the record just returns to PS5 2024. |
What the data shows clearly, is that without discounts all console sales will keep falling of a cliff the coming years, that means Sony and Nintendo will both be under enormous pressure to do regular price cuts to keep sales from falling off a cliff, which will radically kill their profit margins, but without the price cuts, the sales potential will be incredibly low, so constant price cuts may be the best option available. But it will mean that the solid profit margin days for Nintendo is gone, which will kill investor demand for stock in these companies.
