They only recently announced that the PS5 is rapidly reaching its EOL. It is seemingly not selling well at all. The early issues with supply and the lack of actually interesting games that are not just remakes has clearly not helped.
Yeah, it's only the 15th best selling console after all :/
Sounds like something else might be wrong if you can sell +50 million units and still not consider it "selling well" or making a profit.
That's one way to frame it. Another is that the PS5 is the worst-selling Playstation console (non-handheld) ever. It has not met expectations at all.
It is selling pretty well too, I think I read even better than PS4 if you align their launches?
I doubt a company would ever announce a console is EOL befor their next one is on the shelves. Are you sure that wasn’t about the PS4?
It could still be selling well by every metric except for a higher expected sales than it should be. Especially since they also increased the prices in a few markets.
They didn't "announce" this, I don't know why people keep parroting it. Why would a company say that about the console they're still trying to sell?
They said it was entering the latter stage of its life cycle. In other words, it's at the halfway point. And yeah, we're almost at 3.5 years which is the halfway point of the typical 7 year console life cycle.
Never came back on my radar.
I mean, it'd be great if Sony would get on board with allowing smaller devs to join the Playstation platform but the amount of literal gatekeeping that Sony keeps in the stable is disgusting to watch.
Hell, I'd love to be able to dev myself for it but nope! Sony gatekeeps me from running my own code on my own metal.