Giovanni Colantonio / Digital Trends

Is console ironware struggling ? In itslatest financial reportreleased Tuesday , Sony reveal that hardware cut-rate sale are refuse , although that does n’t import doomsday for the television secret plan empire .

ironware sales are down twelvemonth over yr , from 3.3 million to 2.4 million , whichfinance chief Sadahiko Hayakawa attributesin part to an step-up in first - party software sale and the wallop of foreign exchange rates . However , those same game liberation , along with increase PlayStation Plus subscriptions , signify income was up 12 % for game overall . Sony also revealed that PlayStation had clocked 116 million monthly active drug user during June , which is the highest recorded for this time of yr ( even though it ’s down from the 118 million from last after part ) .

A Pulse Elite, DualSense, and PlayStation Portal sit on a table.

Giovanni Colantonio / Digital Trends

This is in telephone circuit with what we ’ve been watch in other parts of the manufacture . PlayStation competitor Xboxalso revealed during its fiscal report last weekthat hardware revenue was down 42 % year over year . The company ’s overall strategy , though , comes back to service of process like Xbox Game Pass and Cloud Gaming , along with first - party software dismission .

Also like Xbox , the PlayStation is in the middle of its life Hz , come up on its 4th birthday . And like with previous console , players are expecting mid - generation refreshes . PlayStation , for example , released aslimmer PlayStation 5with more storage in November 2023 . Overall , though , the demand for fresh consoles is n’t as eminent as it was at launch .

Mat Piscatella , a video biz analyst at Circana , order something exchangeable in apost on X ( formerly Twitter)on Tuesday . “ Have hardware sales event go down more than expect this year ? A bit , sure . But has the release ticket and price discounting also been lighter than expect ? A bit as well , yes . ”

This has been a scant twelvemonth overall for first - party button , and Sony is no exception . So far , its games includeHelldivers 2,Stellar Blade , Rise of the Ronin , MLB The Show 24 , andThe Last of Us Part 2 Remastered . The company ’s release docket for the rest of the twelvemonth includesConcordandAstro Bot , along withGod of War : Ragnarokcoming to PC . It ’s not the most jam - packed holiday time of year , but PlayStation is reportedly doing well with third - party releases from other franchises .

When asked about the situation over at Sony - possess Bungie , Sony ’s Hiroki Totoki restate what CEO Pete Parsons did in aletter announcing layoffslast calendar week : that resource will be concentrated on developing the new descent shooterMarathon . Bungie has also create a unexampled squad inside PlayStation Studios for an unannounced title .