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PS5 Standard Edition Will Break Even In June, Says Sony’s Jim Ryan

Jim Ryan, President and CEO of Sony Interactive Entertainment, has said during an investor relations event this week that the PS5 Standard Edition will start to break even in June 2021.

Another area that we focused on is our console economics. I’m pleased to say that the PS5 standard edition will break even from next month’s production. And from then on, we project that it will gradually become increasingly profitable.”

Right now, the standard edition represents the very great majority of PlayStation 5 sales.

We do not see that proportion changing greatly in FY21 [the current business year ending in March 2022] but we anticipate that as time passes, as we move further into the cycle of PS5, that there will be some slight increase in the ratio of the digital edition, but not significant.

The PS5 Standard Edition launched alongside the PS5 Digital-Only Edition in November 2020, and is the more expensive of the two models, retailing for $499.99/£449.99. This version includes a Blu-ray drive while the other model is only used for digital downloads.

Related Content – Sony PS5 Complete Guide – A Total Resource On PlayStation 5

In related news, it was recently reported that Sony will begin production of a new PS5 design in 2022.

[Source – VGC]