Sony recently announced an upcoming shutdown of its physical game production and PlayStation Store for PlayStation 3 and PlayStation Vita. It brought mixed reception overall, with most of its positive support originating from shareholders.
According to Investing, Sony’s stock rose over 3.2% to 3,354.0 yen after announcing its hardware would drop physical media. Hideaki Nishino, one of the Sony CEOs, mentioned how this decision will raise the company’s chance to combat the growing costs in the market. Excluding physical media will allow future PlayStation hardware to flourish more in profitability under the expensive hardware parts, like physical disc drives and implementing ambitious, complex games on discs.
“It is not realistic for us to absorb all component cost increases”
Even though the stockholders are looking highly at Sony’s recent news, the public reception has been negatively mixed at best. It doesn’t look like PlayStation will backtrack on its decision to go all digital, though the company will reveal its plans regarding its developing platform in the future.
