Name: Sony seeing strong PS5 demand ahead of launch
Uploaded: 2020-10-29T18:28:09.000Z
Duration: 1 min 32 s
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Gaming has been a rare business winner during the global health crisis, and that's good news for Sony as it prepares to launch a new console.

Adverbs of degree

The Japanese firm said it has seen very considerable demand for its upcoming PlayStation five.

It pre sold as many PS five consoles in the 1st 12 hours in the U.

As in the 1st 12 weeks of its predecessor, the PlayStation four.

That's according to Sony Interactive Entertainment CEO Jim Ryan during an interview with Reuters.

The PS five launch comes with many buyers staying at home due to the health crisis.

While that has helped boost console makers, it's also disrupted key parts of the gaming industry, including manufacturing supply chains.

Ryan said it's likely that not everybody who wants to buy a PS five on Launched A will be able to find one.

But he said the company is working to ensure supply for the important year end shopping season.

The PS five is expected to be the first next generation device not to push the gaming division to an annual loss in its launch year is due to come out on November 12th.

The console update comes a Sony reported a surprise jumping coarsely earnings on Wednesday.

Profit between July and September reached $3 billion up almost 14% from a year before, on well ahead of analyst forecasts.

The tech giant also raised its annual profit forecast to around $7 billion.

 Sony shares are up 47% from their march lows in climbed another 1.8% on Wednesday. 