Are Concorde losses driving up the price of the PS5?
Concorde failure This could also have an impact on gamers who aren't playing games (which is nearly everyone), and this has already happened in Japan, or so many believe. The first-person shooter has been a disaster for Sony, whose in-house studio, Firewalk Studios, developed it harmonyAccording to an unconfirmed (but totally reliable) report courtesy of Mark Kern, it's expected to lose Sony around $200 million, and the only reason it'll likely lose that little is because it cost $150 million to make, which is amazing. Concorde The rollout was so bad that gamers reported that Wait 8 minutes to play on Monday because there weren't enough players to add them immediately. The numbers are embarrassing for Sony, as the game has 70% fewer players than it did during its early access open beta test. The numbers were very poor in the beginningNot surprisingly, no one wanted to play this silly-looking game that focused on diversity and social messaging rather than being a good shooter.
Poke around and find out.
Sony said it is raising PS5 prices to recoup a 200 million Concorde loss. pic.twitter.com/RrMYFsOXUe
— Grumz (@grumz) August 28, 2024
But even if you didn’t play harmonyYou might have to pay for it. Recently, Sony announced Prices for the PlayStation 5 and “related peripherals” will increase in Japan, with the console costing about $90 more than it currently does, starting September 2, 2024. Sony cites “recent changes in the global economic situation and other severe external environment,” but According to FandomWireMany gamers are skeptical about the company's losses harmony There is at least one contributing factor. This is a reasonable approach, because harmony There's a game produced by Sony that took them eight years to make (it's a little surprising that it only cost $150 million under the circumstances, given how expensive it is to develop video games these days), and they're probably trying to get some of that back. That $200 million figure, whether accurate or not, is reminding people Suicide Squad: Kill the Justice LeagueWho Warner Bros. had to spend this much moneyAccording to earnings call reports, this debacle led to the closure of developer Rocksteady Studios; will Firewalk Studios be far behind?
Only time will tell, but gamers are most concerned about the PlayStation 5's price, and they should be. The price hike has only happened in Japan for now, but it's not hard to imagine it will happen in other regions as well. The PS5 has been expensive since its launch, and has seen very little if any price hikes, breaking a pattern with Sony's other PlayStation systems. It has also seen several price hikes, and this is the second price hike in Japan this year. I did a quick check on googleAnd the PS5 is still available in the US for the same price as always (as far as I remember): $499.99; at Best Buy and PC Richard, it's $449.99, but there has been no significant price drop, as would usually be expected for a system that's nearly four years old. FandomWire also says that gamers point out that there aren't that many games available for the PS5, which not only justifies keeping the price so high but also probably prevents a lot of people from spending so much money on the new console.
It's certainly that way for me. I'm a PlayStation guy (in terms of modern gaming), but I haven't bought a PS5 yet because I'm waiting for the price to come down; I don't play enough to justify spending that amount while I'm still getting great use out of my PS4. And I'm not someone who usually needs to play a game right away, so waiting doesn't bother me, and there are plenty of older games I've never played that I can play in the meantime. But I'm starting to wonder if it will ever become a better deal, and there are some games that have either just been released or are coming out that I'd like to play at some point. In terms of the PS5's price and making games like Disappointing harmonySony has definitely hit a limit; the price hike could end up costing them more in the long run than their games are worth.
Let us know what you think harmony Or PS5 prices in the comments!
