Is Sony’s console business ‘dying’? PS5 prices aren’t helping


Wedbush Securities managing director of strategic planning Michael Pachter explains to Yahoo Finance how Sony’s (SONY) gaming console business is struggling, underlining how Playstation 5 prices have seen little reduction under inflation since its launch in November 2020.

Also catch Michael Pachter’s analysis on the bidding wars for Warner Bros. Discovery (WBD) and his forecasts for video game sales in 2026.

To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.



Source link

  • Related Posts

    Trump administration signals it will offer broad tariff refunds. That could mean millions for companies.

    The Trump administration’s position on refunding all tariffs declared illegal by the Supreme Court has been slow to take shape. But a new court filing this past week seemed to…

    Trump Risks Confidence in US Role as Guardian of Global Shipping

    (Bloomberg) — Of all the things Donald Trump has done to disrupt global commerce, from levying punitive tariffs to tearing up trade deals, few would be as consequential as withdrawing…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    With Messi goal, Inter Miami open new stadium with dream moment

    With Messi goal, Inter Miami open new stadium with dream moment

    As House Flipper Remastered Collection’s playtest gets going, the original is free to pick up for the weekend

    As House Flipper Remastered Collection’s playtest gets going, the original is free to pick up for the weekend

    How big an impact will the war have on US inflation?

    Blinded by the headlights? Transport Canada wants to know

    Blinded by the headlights? Transport Canada wants to know

    Canada Gazette – Part I, Extra, August 16, 2024, volume 158, number 7

    Stephen Miller Is Still Pursuing His Immigration Agenda, but More Quietly