PS5 – Sony’s Last Gaming Console
Why we think it is Sony’s last video gaming console
Here is why
Sony recently anounced that the price of PS5 is – nothing. PS5 is so expensive to make that Sony is finding it difficult to price. Bloomberg estimates it costs $450 to manufacture the console, more than $100 from its predecessor. Don’t be surprised if the Japanese giant would lose its gaming supremacy to other rivals. Sony Interactive Entertainment CEO verified reports that there will be no new PlayStation generation after PlayStation 5 aka PS5 until 2021, according to T3.
With the rise of cloud gaming, the likes of Microsoft Stadia and Nvidia GeForce Now will force its way into the gaming landscape. Yves Guillemot, the longtime CEO of Ubisoft for gaming titles like Far Cry and Assassin’s Creed, said that gamers today would need less hardware compared to 5 years ago. I can imagine myself not buying a game console but can still play my favorite Xbox and PS games.
With these developments, the market will outgrow its need for a home video gaming hardware and sales will slowly fall. What a better way to save space and money but still sit back, relax and enjoy a game.
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