PlayStation 5 will be profitable next month and beyond, Sony says

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By Sain in Technology
Updated 3 years ago

The PlayStation 5 is expected to turn a profit after next month, less than a year into the console's lifecycle. In a recent investor's meeting, Sony Interactive Entertainment says the PS5 standard edition is expected to break even in Fiscal Year 2021. Sony has focused strongly on console production costs and cut corners where it can (as per Mark Cerny, the PS5's limited SSD storage is a result of cost control) securing big multi-million wholesale part deals in the process.

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