Sony reduces its budget for investments and purchases, but now it will allocate more money to the development of its flagship product

2023-05-03 19:26:05

Sony has reduced its budget for future strategic operations from $5.1 billion to $3.64 billion.

There are many aspects to comment on the future of Sony as a company, and the truth is that with its video game division it has broken several PS5 sales records. However, one of the most negative aspects is that now users buy fewer video games, and the culprit could be the company pricing policy.

This time new information has been revealed in which it is reported that Sony has reduced its budget for investments and purchases. However, part of that money will go to its flagship product: a grow PlayStation video game divisions. According to him medio TweaktownSony has decided to increase their spending in the video game segment because they have the confidence to sell 25 million more PS5 in the next fiscal periodwhich began on April 1, 2023 and will end on March 31, 2024.

However, in your tax report It can be seen how Sony has reduced its budget in strategic investments (acquisitions, investing in other companies, repurchase of Sony shares). So now it’s gone from $5.1 billion to $3.64 billion to address future strategic operations, and one of the latest was the purchase of Firewalk Studios.

Sony games go up in price on PC in some countries

One of the decisions that most affected many users has been the price increase in PlayStation’s own games on PC. Therefore, players from Argentina, Chile, Canada, Colombia, China, Japan and South Korea will have to pay a little more for these works. Fortunately this measure has not reached Europe.

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