When you purchase through links on our site, we may earn an affiliate commission.Heres how it works.
However, this announcement belies a bigger issue according to financial analystsas reported by CNBC.
Goyal said that Sony’s “forecast cut for PS5 […] is not what is disappointing.”
Rather, it comes down to a fall in the company’s gaming operating margin.
Per CNBC, Sony’s operating margin in the gaming industry came into just under 6 percent last quarter.
This is markedly less than the 9 percent we saw this time in 2022.
The analyst called this reduction in margins an “extremely disappointing” trend.