"Sony Admits PS5 Entering Latter Stages of Life Cycle, No Major Franchise Releases Until April 2025"

Sony's Senior Vice President Naomi Matsuoka stated during an earnings call that the PS5 is entering the "latter half" of its lifecycle, with expectations of a gradual decline in hardware sales and a shift towards emphasizing profitability. Despite missing sales targets, the system still sold impressively over the holidays, but Sony anticipates a slowdown in annual sales pace from the next fiscal year. The company's focus on profitability may impede the number of units shipped, but it continues to invest in software for the system, indicating several more years of great content to come.