Playstation 5 [PS5] [Release November 12 2020]

[Nesh]

AFAIK virtually all sales happen by digital stock dropping, word going out over social media, and said stock selling out in seconds. Waiting lists and preorders haven't been mentioned at a large scale that I've heard of.

They all exist. The stock is too low. Thats why everything is going in seconds.

Yes. But if people are that eager to buy, it means you can price much higher to suppress that demand to match your supply and make more money in the process.

Exactly! Given the consoles' price/demand curves, the point MS & Sony picked for their pricepoint was well below what they could have given demand. The ideal price would be the highest possible that still saw stock selling out, only it wouldn't have to sell out in seconds but maybe over a few days/weeks.

Sony has sold some 15 million PS5s by now. If they had charged $100 more, they would have almost certainly still sold out completely - I doubt stock would be sat around unpurchased. That's $1.5 billion additional profit they've missed out on. Although we don't know what would have happened if they priced higher and MS didn't. That cold war on price announcement must have been very hard on them both, and maybe they both regret price-point? Although MS possibly not because it's not as significant for their overall company.

We dont really know that. We still lack the hard data. How many are sold at scalping prices and what are these prices?
Yeah Sony could have charged more, but can you quantify how many of the current owners who paid normal price would have backed down and annoyed at €100 more? It depends on elasticity of the demand curve.
We could be making a big mistake by picking the peak sold price as an indication of how the market would have responded with at €599. The large majority may find the €499 a sweet spot now but may be largely sensitive above that. The limited stock due to manufacturing issues giving scalpers an advantage may be giving a wrong idea about the demand curve.
Sony probably calculated the best price for the market for maximum sales and revenue and we cant see it due to the extremes of the limited manufacturing capacity.
Could have Sony shifted the price to 599 where Supply meets demand? They could. But that wouldnt have necessarily brought more revenue.
What Sony did is actually better now. They sell the console, at least in Europe with a game at €570. So they guarantee a software profit with each console sold with potentially another game to be bought, without risking with the price sensitivity of the market. From a €399 to a €599 launch price I am sure people would have reacted with the possibility of collecting stock. Personally and a lot of my friends who currently own one now wouldnt have bought it at that price which means loss of software sales, I dont know anyone who bought it at scalping prices. And those who did there is a chance wouldnt have bought it either because many buy at higher prices in case they wont be able to find one for long periods.

 

[Unknown Soldier]

https://www.playstationlifestyle.net/2021/12/28/2021-year-in-review-breaking-records/

PlayStation 4 Sells More Games Than Any Other Console in History

Sony’s success wasn’t just restricted to the PS5 console. By the end of the fiscal year, there had been 1.577 billion PS4 games sold over its lifetime, beating the previous record set by the PlayStation 2. Nearly 339 million games were sold between the PlayStation 4 and PlayStation 5 that same year, an increase of 22% from the year prior. This meant 600,000 games were sold through the PlayStation Store every day throughout the year on average.

Later on in the year, the PlayStation 4 console reached lifetime sales of 116.4 million units worldwide. Despite this, sales of the PS4 console had dropped dramatically with just 500,000 units sold between April and June 2021. This wasn’t surprising bearing in mind the release of the PS5 console took a huge chunk of sales away. Sony also discontinued the production of many PS4 models, making them extremely difficult to find by the end of 2021.

PlayStation 5 Becomes the Fastest-Selling Console in US History

Despite the console’s scarce availability, the PlayStation 5 became the fastest-selling console in the US, both in terms of units and dollar sales. It was the first of many records it would go on to break in 2021. Sony announced their Game and Network Services Division had its best ever year by shipping 7.8 million PS5 consoles worldwide by the end of March 2021. They then went on to sell 10 million PS5 consoles by the end of July, and reached 1 million units sold in Japan and the UK at a speed much quicker than that set by the PS4 console. The PS5 is also estimated to have sold twice as many units as the Xbox Series X|S worldwide.

Sony isn’t intending to rest on their laurels anytime soon. They want to create more PlayStation exclusive games on the PS5 than any other console generation before it. The company aims to achieve more than 50% market share in console games revenue with the PS5 by selling more than 23 million consoles during the 2022 financial year. Before that, they want to have a record “year two” for the console by selling more than the 14.8 million units shifted by the PlayStation 4 console in its second year. However, the component shortages will need to be solved if they’re to stand any chance of doing that.

600 000 games sold per day? Damn, that a crazy amount imo.

 

[Unknown Soldier]

Awesome games to look forward to.

 

[Inuhanyou]

I want a ps5 but can't get one. At this rate I feel like if sony or ms are planning on mid gen consoles they should shelve those plans and focus on making more stock of the consoles they have now.

Put the r&d into the next consoles after current gen.

 

[PSman1700]

I want a ps5 but can't get one. At this rate I feel like if sony or ms are planning on mid gen consoles they should shelve those plans and focus on making more stock of the consoles they have now.

Put the r&d into the next consoles after current gen.

I have a PS5 (disc edition), amazing machine, much better than the PS4 hardware wise (its cool and quiet), its the lack of any new IP's/games which is one of the first since all the way back to the PSX. Spiderman/marvel games, cross-gen followups, its nice but not like with PS2, 3 and 4 which had something new/fresh each generation.

 

[Unknown Soldier]

I have a PS5 (disc edition), amazing machine, much better than the PS4 hardware wise (its cool and quiet), its the lack of any new IP's/games which is one of the first since all the way back to the PSX. Spiderman/marvel games, cross-gen followups, its nice but not like with PS2, 3 and 4 which had something new/fresh each generation.

Lack of new IP/Games?

Returnal
Kena: Bridge of Spirits
Forspoken
Deathloop
Stray
GhostWire: Tokyo
Pragmata
Elden Ring
Wolverine (Ok, not a new IP but there hasn't been a Wolverine game in years so it counts as new imo.)
Godfall

I am sure there are plenty more new IP's I've missed coming to the PS5.

 

[Inuhanyou]

I have a PS5 (disc edition), amazing machine, much better than the PS4 hardware wise (its cool and quiet), its the lack of any new IP's/games which is one of the first since all the way back to the PSX. Spiderman/marvel games, cross-gen followups, its nice but not like with PS2, 3 and 4 which had something new/fresh each generation.

I see a lot more games on offer than PS4 and PS3s first 2 years myself. Even PS1 didn't start going until 96 at earliest. And there a lot of PS4 gen games I haven't gotten to yet. Cross gen aside there's way more to play than previous generations.

I think saying otherwise is rose tinted googles. PS2 is a situation that was unique to the time period.

 

[PSman1700]

Lack of new IP/Games?

Returnal
Kena: Bridge of Spirits
Forspoken
Deathloop
Stray
GhostWire: Tokyo
Pragmata
Elden Ring
Wolverine (Ok, not a new IP but there hasn't been a Wolverine game in years so it counts as new imo.)
Godfall

I am sure there are plenty more new IP's I've missed coming to the PS5.

True, but some or most of these are not only on PS either, though console exclusive.

PS2 is a situation that was unique to the time period.

A killer of a console

 

[Unknown Soldier]

True, but some or most of these are not only on PS either, though console exclusive.

Yeah, but you said the PS5 had no new IP/games. It's got plenty new IP/games.

Exclusivity is still there, it's just going to be few and far in between.

Playstation exclusive wise, you look at Returnal, Demon Souls(new one not the old), Rachett and Clank Rift Apart, Spider-man Remastered, Wolverine, God of War Ragnarok, Horizon Forbidden West, The Last of Us Part 2, Spider-man Mile Morales, Ghost of Tsushima and any other new game in developed but not yet announced by Sony. Yeah some are not new IP's but we also don't know what Sony has in development at the moment. I guess we should start getting news this year sometime.

PS5 exclusivity is another matter, these are going to be in short supply until the PS5 part issues are sorted. Hopefully this will be over this year and supplies will get better.

Coming from a PC only user, the PS4 was my first console and I can say that Playstation has some of the best games I have ever played under their belt.

Surprising as PC was considered the master race. You are starting to see those great games come to PC and all the better imo. It might take a few years but hopefully there will be more.

I asked this question a few months ago, could GoW PC be the GOTY 2022?

Currently I would say yes. It's selling well, it reviewed well and most people seem to love it. Awesome for the Playstation brand imo.

 

[Nesh]

Lack of new IP/Games?

Returnal
Kena: Bridge of Spirits
Forspoken
Deathloop
Stray
GhostWire: Tokyo
Pragmata
Elden Ring
Wolverine (Ok, not a new IP but there hasn't been a Wolverine game in years so it counts as new imo.)
Godfall

I am sure there are plenty more new IP's I've missed coming to the PS5.

The AAA games that everyone used to go bonkers are coming at an extremely slow rate compared to past gens.
I feel that in the past you could spot a lot more awesome games each year and a lot more IPs.
Games that were system sellers and everyone was talking about.

 

[Unknown Soldier]

The AAA games that everyone used to go bonkers are coming at an extremely slow rate compared to past gens.
I feel that in the past you could spot a lot more awesome games each year and a lot more IPs.
Games that were system sellers and everyone was talking about.

You got your system sellers. Miles Morales, Returnal, Demon Souls, God of War Ragnarok, Horizon Forbidden West, Spider-man Remastered, Spider-man 2, Wolverine. These will all be PS5 console sellers. Unfortunately due to covid and supply shortages, some of these have been designed for the PS4 and that's fine too but most people will be buying(or will have bought) the PS5 for these games and not a PS4 imo.

From the GDC tech postmortem that I posted in the Spider-man thread, Insomniac has developed a good system to create games and shared it within the company. They are turning out quality games are a rate at this point in time and have mention Spider-man 2 for 2023 and Wolverine for 2024. That's around the same time frame they took to release Spider-man for the PS4 and that was a huge system seller for Playstation. I can see it doing the same if PS5 stock shortages have been resolved.

 

[Nesh]

You got your system sellers. Miles Morales, Returnal, Demon Souls, God of War Ragnarok, Horizon Forbidden West, Spider-man Remastered, Spider-man 2, Wolverine. These will all be PS5 console sellers. Unfortunately due to covid, some of these have been designed for the PS4 and that's fine too but most people will be buying(or will have bought) the PS5 for these games and not a PS4 imo.

Yeah but you ignored where I said that we used to get more each year. The games you mention are spread.
And they are less original too. Demon Souls is a remake. Spider man is a remaster. Miles Morales feels like a remastered expansion of that game. Then you have Spider Man 2 and Wolverine. Gaming is getting the Cinema treatment where almost every major release has to be a superhero movie. Its bland.

 

[Unknown Soldier]

Yeah but you ignored where I said that we used to get more each year. The games you mention are spread.
And they are less original too. Demon Souls is a remake. Spider man is a remaster. Miles Morales feels like a remastered expansion of that game. Then you have Spider Man 2 and Wolverine. Gaming is getting the Cinema treatment where almost every major release has to be a superhero movie. Its bland.

I think we have had more first year exclusive games this generation than we have had last. Returnal, Demon Souls(yes it's a remake but an awesome looking remake), Rachett and Clank, Godfall. These are four exclusive games in the first year of the PS5. The first year of the PS4 I played Infamous Second Son, Killzone Shadow Fall and Resogun.

The PS5 lineup is a lot better than the PS4 imo.

The first big exclusive, PS4 system seller imo was Horizon Zero Dawn in 2017 then Spider-man and GoW in 2018.

Spider-man Miles Morales even though not exclusive and Demon Souls was the huge system sellers in the first year of PS5.

The PS5 is not the fastest selling console in the first year for nothing, it's the games that make it the fastest selling console.

https://www.theverge.com/2021/7/28/22597784/sony-ps5-playstation-5-sales
https://www.cnet.com/tech/computing/ps5-sales-surpass-10-million-after-8-months/
https://www.gamesradar.com/ps5-is-the-uks-fastest-selling-console-ever-passing-one-million-sales/

 

[mr magoo]

The PS5 is not the fastest selling console in the first year for nothing, it's the games that make it the fastest selling console.

IMO the biggest factor why it sells so well its the pandemi, huge ps5 selling success is also visible in xbox example wich is also fastest selling xbox ever made even switch sells like a hot cakes. People are not traveling that much locked at homes looking for what to do.

 

[orangpelupa]

IMO the biggest factor why it sells so well its the pandemi, huge ps5 selling success is also visible in xbox example wich is also fastest selling xbox ever made even switch sells like a hot cakes. People are not traveling that much locked at homes looking for what to do.

i read somewhere that the whole category of "home entertainment" basically skyrocketed. So its not limited to game consoles.

View attachment 6205

Awesome games to look forward to.

i keeps wondering what "play has no limits" means. As PlayStation is actually the most limited IME. Albeit nowadays they are getting better (e.g. cross play). and i had bnot got a ps5 yet.... so... not really up to date with the happenings nowadays

 

[zed]

IMO the biggest factor why it sells so well its the pandemi, huge ps5 selling success is also visible in xbox example wich is also fastest selling xbox ever made even switch sells like a hot cakes. People are not traveling that much locked at homes looking for what to do.

Yeah Nah, demand may be larger because of the pandemic, but its more than offset by shortages (the pandemic is partly to blame for this)

ps5 was 14 mil last oct, if there was no pandemic they prolly would of been at 16 mil, Sony have revised their figures downward because they havent been able to manufacture enuf

 

[Nesh]

I think we have had more first year exclusive games this generation than we have had last. Returnal, Demon Souls(yes it's a remake but an awesome looking remake), Rachett and Clank, Godfall. These are four exclusive games in the first year of the PS5. The first year of the PS4 I played Infamous Second Son, Killzone Shadow Fall and Resogun.

The PS5 lineup is a lot better than the PS4 imo.

The first big exclusive, PS4 system seller imo was Horizon Zero Dawn in 2017 then Spider-man and GoW in 2018.

Spider-man Miles Morales even though not exclusive and Demon Souls was the huge system sellers in the first year of PS5.

The PS5 is not the fastest selling console in the first year for nothing, it's the games that make it the fastest selling console.

https://www.theverge.com/2021/7/28/22597784/sony-ps5-playstation-5-sales
https://www.cnet.com/tech/computing/ps5-sales-surpass-10-million-after-8-months/
https://www.gamesradar.com/ps5-is-the-uks-fastest-selling-console-ever-passing-one-million-sales/

I was mostly comparing with the generations before PS4.
But sure the PS5 is selling well. Why not? Spider Man and Demon Souls were the only major games available. Of course people, especially early adopters would have bought those two games. What else was there?
Still it doesnt change the fact that amazing AAA games, especially original ones are coming at a lower rate.
I cant believe how much mind blowing content I used to get during the PS1, PS2 and PS3 era
I didnt know what games to buy first

 

[PSman1700]

Surprising as PC was considered the master race. You are starting to see those great games come to PC and all the better imo. It might take a few years but hopefully there will be more.

Seems the other way around to me, the playstations used to be these consoles you needed for those uniqe AAA exclusives that came in large numbers (ps2, ps3 and 4 sonewhat), with over the top visuals for a console).

Playstation exclusive wise, you look at Returnal, Demon Souls(new one not the old), Rachett and Clank Rift Apart, Spider-man Remastered, Wolverine, God of War Ragnarok, Horizon Forbidden West, The Last of Us Part 2, Spider-man Mile Morales, Ghost of Tsushima

Alot of ps4 games, cross-gen, sequels and bland in the form of superhero 3rd person action games. Probably coming to pc aswell seeing where sony’s heading. Its not 6th or even 8th gen anymore.

Yeah, but you said the PS5 had no new IP/games. It's got plenty new IP/games.

Its not ps5 exclusive when its on pc too.

I asked this question a few months ago, could GoW PC be the GOTY 2022?

Most likely not, see the latest DF direct on what a pc gamer thought of it (good game but not goty). It might be goty on consoles (even if it were released today), but on pc the requirements are abit different id say.

Godfall

I have that on pc.

The PS5 lineup is a lot better than the PS4 imo.

I think the ps4 had the better lineup considering exclusive diversity and in special gfx at the time. It wasnt ps2 or 3 perhaps, but it wasnt that bad what an upgrade it offered over the ps3.

 

[mr magoo]

Yeah Nah, demand may be larger because of the pandemic, but its more than offset by shortages (the pandemic is partly to blame for this)

ps5 was 14 mil last oct, if there was no pandemic they prolly would of been at 16 mil, Sony have revised their figures downward because they havent been able to manufacture enuf

Sure its double edged sword like orangelupa said consumer electronic skyrocketet during the pandemi but at the other side we have global shortages of basicly everything.
I am sure if supply wasnt issuesthey would sell much more than they are selling right now. On the hand if the supply wasnt the problem and we havent had pandemi and people were able to visitt pubs, cinemas, go for dates, socialise and travel more often would they buy as much home electronics and consoles as they do right now?
And i think the selling success of new consoles is not either only related to the great proftolio of amazing exclusives games. We already discussed this in other thread the exclusives dosnt sell at the number people think they are. Selling success is rather combination of many factors. More time at home, more money in the wallets etc etc

 

[Arwin]

GT7 and Horizon: Forbidden West are some pretty serieus titles coming up surprisingly soon and close together, 18 Feb and 4th of March?

What comes first after that?