Sony’s PS5 sales plummet amid price rises and a memory crisis

Sony's PS5 sales dropped 46% year over year to 1.5 million consoles, likely due to price hikes from $499.99 to $649.99. The price increases were attributed to a global economic crisis and memory shortages. This has led Sony to forecast a 6% drop in annual gaming revenue. Engineers may want to monitor the situation for potential impacts on their projects.