Weak PS VR2 Preorders Leads To Large Production Cut – Report [Update]

Sony’s PS VR2 is launching soon, but it seems that the company is already tamping down expectations for its new VR headset. According to a new Bloomberg report, Sony has reduced sales projections by half for PS VR2, which releases on February 22, primarily due to preorders falling short of expectations. [Update: Sony has denied cutting production numbers, telling GamesIndustry.biz that it’s “seeing enthusiasm from PlayStation fans for the upcoming launch, which includes more than 30 titles such as Gran Turismo 7, Horizon Call of the Mountain, and Resident Evil Village.”

The report suggests that Sony planned to have 2 million headsets ready for consumers this quarter, but has now reduced that production run to 1 million. It further states that Sony expects for ship around 1.5 million from April 2023 to March of 2024, but that those numbers may be adjusted upward or downward in response to demand.

The report also notes that most stores are still taking PS VR2 preorders without a wait list, which is not usually the case with in-demand tech items in 2023. Several analysts reviewed for the piece said that the headset’s price of $549 is unattractive to consumers, especially at a time when the cost of living has increased in recent months. The PS VR2 is also only compatible with the PS5, making it an expensive double-dip that likely only appeals to consumers that already own the console.

Continue Reading at GameSpot

https://www.gamespot.com/articles/weak-ps-vr2-preorders-leads-to-large-production-cut-report/1100-6511006/?ftag=CAD-01-10abi2f


Featured Posts

January 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  

About Us

Welcome to encircle News! We are a cutting-edge technology news company that is dedicated to bringing you the latest and greatest in everything tech. From automobiles to drones, software to hardware, we’ve got you covered.

At encircle News, we believe that technology is more than just a tool, it’s a way of life. And we’re here to help you stay on top of all the latest trends and developments in this ever-evolving field. We know that technology is constantly changing, and that can be overwhelming, but we’re here to make it easy for you to keep up.

We’re a team of tech enthusiasts who are passionate about everything tech and love to share our knowledge with others. We believe that technology should be accessible to everyone, and we’re here to make sure it is. Our mission is to provide you with fun, engaging, and informative content that helps you to understand and embrace the latest technologies.

From the newest cars on the road to the latest drones taking to the skies, we’ve got you covered. We also dive deep into the world of software and hardware, bringing you the latest updates on everything from operating systems to processors.

So whether you’re a tech enthusiast, a business professional, or just someone who wants to stay up-to-date on the latest advancements in technology, encircle News is the place for you. Join us on this exciting journey and be a part of shaping the future.

Podcasts

TWiT 1012: Our Best Of 2024 – The Best Moments From TWiT's 2024 This Week in Tech (Audio)

TWiT wishes all listeners and viewers a Happy New Year and peaceful 2025! Padre's CES 2024 haul Cory Doctorow's infamous ensh*ttification term Tesla teases a robotaxi Last in-studio audience for TWiT Padre on the AI priest Google Search gets worse Christina Warren's Rabbit R1 Snowflake and the AT&T breach Crowdstrike's big outag Last in-studio episode before moving out Salt Hank shows off his new cookbook TWiT's 1000th episode brings back old friends The State of X/Twitter under Elon Parenting with TWiT daddies Tech billionaires affecting Trump's transition team Host: Leo Laporte Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit
  1. TWiT 1012: Our Best Of 2024 – The Best Moments From TWiT's 2024
  2. TWiT 1011: The Year in Review – A Look at the Top Stories of 2024
  3. TWiT 1010: The Densest State in the US – TikTok Ban, Drones Over Jersey, GM Quits Robotaxis
  4. TWiT 1009: Andy Giveth & Bill Taketh Away – Trump's Tech Titans, Crypto Boom, TikTok's US Ban, Intel CEO Exits
  5. TWiT 1008: Internet Legal – Australia's Social Media Ban for Kids, Smart Home Nightmare, Bluesky's Ascent