Sony Bleeds $10 Billion in Stock Value as The PS5’s Flop Becomes Apparent

Sony’s recent earnings report marked a setback for its censorship ladled PlayStation brand. Downgrading their fiscal year 2024 target for PS5 sales from 25 million to 21 million, Sony also acknowledged the absence of major AAA franchise releases in the upcoming fiscal year. This news was met with mixed reactions, contributing to a substantial decline … Continue reading Sony Bleeds $10 Billion in Stock Value as The PS5’s Flop Becomes Apparent