Sony just dropped it's hardware forecast again.
https://www.installbaseforum.com/forums/threads/sony-q3-fy3-2024-financial-results-oct-dec-2023-gn-s-sales-up-by-16-yoy-oi-down-by-26-ps5-hw-at-8-2m-sw-at-89-7m-new-forecast-sm2-at-10m.2418
Demand is definitely on the downward slope and with no system selling games coming anytime soon, that trend will continue.
Anecdotally, PS5 hardware has been seeing some significant discounting at retail here.
https://www.installbaseforum.com/forums/threads/sony-q3-fy3-2024-financial-results-oct-dec-2023-gn-s-sales-up-by-16-yoy-oi-down-by-26-ps5-hw-at-8-2m-sw-at-89-7m-new-forecast-sm2-at-10m.2418
Demand is definitely on the downward slope and with no system selling games coming anytime soon, that trend will continue.
Anecdotally, PS5 hardware has been seeing some significant discounting at retail here.