"Looking ahead, PS5 will enter the latter stage of its life cycle... For this reason, we expect the annual sales pace of PS5 hardware will start falling from the next fiscal year."
According to Sony, 8.2 million PS5s were sold in the third quarter of its current financial year, but these numbers were lower than expected.
On the software side, Sony has also confirmed that no major existing PlayStation franchise games will be released before April 2025.
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