Sony Says PS5 Pre-order Demand Is Very Considerable Amid Global COVID-19 Crisis

Sony is all set to launch its PlayStation 5 this year. On November 12, PS5 will be available in the US, Canada, Japan, Korea, Mexico, Australia and New Zealand, while in the rest of the world on November 19. The company has seen the rapid demand for the product even during the ongoing Covid-crisis.

Sony is offering two new-gen PlayStation PS5 and PS5 Digital Edition while the difference between the two is that the former has a 4k ultra Blue-ray device and cost more than the later.

Some of features of new-gen console are

  1. The new Sony PS5 comes with an“activity cards” which help user to know all the activities related to games.
  2. It comes with a 16 GB memory storage which can also be expandable using SD card.
  3. It comes with a new audio technology called “tempest engine” allowing hundreds of simultaneous sound sources.
  4. Sony has confirmed that PlayStation 5 is backwards compatible with the PS4, meaning PS4 games will be playable on the PS5. This means that users will be able to download games that they have purchased from the PlayStation Store on PS4 and play them on the PS5.
  5. The loading time for games will be around 0.8 seconds
  6. 4k ultra Blue-ray player build-in
  7. Multiplayer game server

In the US the company has seen a great demand for the product as it has pre-sold as many as console in 12 hours as it did in 12 weeks for PS4.

In an interview, Jim Ryan, CEO of Sony Interactive Entertainment, said “The demand as expressed by the level of pre-order has been very, very considerable. It may well be that not everybody who wants to buy a PS5 on launch day will be able to find one.” However, the company is working as hard possible to ensure supply for the year-end shopping season, he added.

Sony has sold 100 million units of PS4, and after reaction of people on PS5 it’s really looking upon it. Also, the launch of PS5 is going to be grand as compared to that of PS4 and PS3.

The company published PlayStation-related revenue of 507 billion yen (4.9 billion dollars) and an operating profit of 105 billion yen (1 billion dollars) for its July-September quarter, respective improvements of 52 and 40 per cent on the same period a year ago.

With the COVID-19 crisis and the crippling economic condition around the world, Ryan is still optimistic about the launch of PS5. He seems to be really excited about the launch of the new gaming console. Ryan says that everyone has put their many years into it, and now they are waiting for the big day to arrive soon.

Sony’s shares have grown 45 per cent since March lows. On Wednesday, its shares climbed as much as 1.4 per cent, which shows a positive note ahead of the launch.

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