Saturday, May 10, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home PlayStation 5

The new PlayStation and Xbox will start selling this week. $ 150 billion at stake

The new PlayStation and Xbox will start selling this week. $ 150 billion at stake

This week kicks off the epic battle between Sony and Microsoft with the launch of new game consoles. The PlayStation 5 (PS5), Xbox Series X, and Series S maker are well positioned due to the surge in demand for video games driven by the COVID-19 quarantine measures. Today the gaming industry is valued at $ 150 billion.

Playstation 5
Playstation 5

According to industry experts, a large arsenal of games and a wider fan base of the Japanese company (after all, Sony sold more than 100 million PS4s, winning the battle in the previous generation) will maintain the advantage over its main rival, the American Microsoft. “People who have the Xbox, tend to buy new the Xbox, and the people who own the PlayStation, tend to buy new the PlayStation », – he stressed analyst at Wedbush Securities Michael Pachter (Michael Pachter).

However, the industry is changing: for example, there is an increase in streaming games, which with the presence of a high-quality Internet allows you to do without powerful client hardware: all processing takes place on the server-side. According to analysts, this could reduce sales of consoles in the coming years and benefit Microsoft.

The pre-order race for the new consoles actually started a few weeks ago. Sony PS5 stocks were sold out in minutes on many retail sites, disappointing fans.

Sony has the edge right now, but the stakes are high for the Japanese company. The gaming business for her is a key source of money. In fiscal 2019, the division, which includes gaming equipment, software, and services, accounted for nearly a quarter of Sony’s $ 77 billion in sales and generated nearly 30% of Sony’s $ 7.9 billion in operating profit.

Microsoft has not disclosed the results of its gaming division, although this is a less significant part of the business for it than for Sony. The company does not disclose information about the sales of its systems, but, according to analysts, the Xbox One family was sold with a circulation of about 50 million units.

The PS5 will retail for $ 499 or $ 399 for versions with and without an optical drive, respectively. The Xbox Series X will retail for $ 499, while the simplified Series S will retail for $ 299. Analyst firm Ampere predicts about 5 million PS5s will be sold this year versus 3.9 million Xbox Series S and X, bringing combined sales of both systems higher than the previous generation in the same period.

Demand for Sony systems is supported by in-house studios with exclusives such as Marvel’s Spider-Man: Miles Morales. The new Xbox will not have too attractive exclusives: even the new part of the flagship Halo series has been postponed to next year due to the development of the pandemic.

But Microsoft has its own ace up its sleeve: Xbox Game Pass subscribers are growing rapidly. Today, the subscription offers over 100 games, including brand new ones, and has over 15 million users. Sony has been reluctant to make its most popular games available through the likes of PlayStation Now, fearing it could hurt sales of high-budget games.

Industry experts say the pandemic while fueling demand, is also limiting production at Sony and Microsoft. “Demand will outstrip supply, so there are people who won’t be able to get the console at first,” said analyst Piers Harding-Rolls at Ampere.

Sony announced that retailers like Walmart, Best Buy, and Target will sell the PS5 exclusively online when it releases on November 12.

  • 0Facebook
  • 0WhatsApp
  • 0Twitter
  • 0Pinterest
  • 0Reddit
  • 0Telegram
  • 0Skype
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares

Related Posts

PlayStation
PlayStation 5

PlayStation users report permanent bans without explanation from Sony

December 6, 2023
PlayStation 6
PlayStation 5

That is, even the PlayStation 6 will not give us games in native 4K at 60 fps?

December 2, 2023
PlayStation 5
PlayStation 5

Learn, Sony: the smallest PlayStation 5 with a removable optical drive is presented

December 2, 2023
PlayStation Portal
PlayStation 5

PlayStation Portal doesn’t hide anything unusual inside

November 19, 2023
Sony PlayStation 5
PlayStation 5

The removable drive of the Sony PlayStation 5 Slim may eventually turn into a “brick”

November 15, 2023
PlayStation 5

A strange device for PlayStation fans, but with a number of strengths.

November 15, 2023

Recommended Stories

is a cucumber a fruit

The Great Debate: Is a Cucumber a Fruit or Vegetable?

September 20, 2023

OPPO Enco X Wireless Headphones Designed With High-End Acoustics Manufacturer Dynaudio

October 20, 2020 - Updated on May 2, 2023

Loot River Game Review

May 3, 2022

Ads

Popular Stories

  • Did You Gain the Quarantine 15

    Did You Gain the Quarantine 15?

    0 shares
    Share 0 Tweet 0
  • How to Protect Kids from Summer Insect Bites and Stings

    0 shares
    Share 0 Tweet 0
  • Six Savvy Tips for Snoozing More Soundly

    0 shares
    Share 0 Tweet 0
  • Reversing Prediabetes Naturally

    0 shares
    Share 0 Tweet 0
  • What’s Hurting Your Eyes and Ears

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra