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In IT, Innovation and Startups

PS5 stock UK remains crucial for SONY market success

25th June 2021 Chris Kimble

PS5 stock UK remains crucial for SONY market success Pin It

Against the background of the next successes of Sony, SONY share price in the UK show a serious result. The SONY stock bulls consolidated their efforts with the aim of another breakthrough. A number of analysts who were sceptical about the growth of the SONY shares are now talking about the chances of showing an increase of 7-15 percent by the end of this summer.

Nevertheless, the danger of falling sales of the PS5 remains. A number of Chinese companies are seriously thinking about the release of analogues. And China, as you know, is a terrible force.

PS5 stock is crucial for SONY success

Low PS5 stock in the United Kingdom is marring the success of the next generation Playstation.

Earlier, the president of Sony, Kenichiro Yoshida, said the following: “We want to accelerate the delivery of the PlayStation 5 game console, which is still not enough in the world. The company aims to achieve annual sales of more than 22.6 million units, which is the largest sales volume in the history of the PlayStation. Against the background of general demand, we are striving to break the sales record of the first PlayStation in 1998.”

Earlier, in a presentation to investors, Sony has already stated that the company is aiming for the PS5 to take a 50 percent of market share, and PS5 sales for the first quarter reached the PS5 reached the size of 7.8 million consoles.

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