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Next-gen Games Consoles Predicted to Cost More or Offer Smaller Performance Uplift

Hiroki Totoki—Chief Operating Officer (COO) and president of Sony Group Corporation—expressed slight disappointment in PlayStation 5's Q3Y23 sales performance. The console's lifetime total (since November 2020) hit an impressive 50 million units sold milestone last December, but Sony's top brass had set an aggressive target of 25 million PS5 units sold through the fiscal year of 2023. A recent company earnings call highlighted a revised sales goal of 21 million units, and the PlayStation top executive's uneasy outlook for the fourth quarter and beyond. Genki Japan parsed this information into an easy to digest Tweet: "Sony COO Totoki said that it is harder to grow profits on the PS5 as the life cycle goes on in comparison to previous generations. With previous gens as time went on it became cheaper to produce them. But with PS5 the parts are becoming more expensive as the life cycle goes on."

Well known hardware tipster—Kepler_L2—followed up on Genki's brief report with an insight into semiconductor conditions (current day and in times ahead): "Cost per transistor has remained flat through FinFETs and will go up with GAAFETs/CFETs. The days of free cost savings with die shrinks is over and things will only get worse. Future consoles will either have increasingly smaller performance gains or significantly higher prices." Kepler_L2 has a pretty good track record of covering unreleased AMD CPU and GPU technologies, particularly in the field of Sony and Microsoft gaming hardware—they were last seen weighing in on the matter of speculated PlayStation 5 Pro specifications. Industry observers believe that the proper next-generation PlayStation and Xbox consoles will launch with insides occupied by Team Red-designed tech, despite early 2024 rumblings of NVIDIA and Intel pitching in with shopped proposals.

Bitcoin Futures Listed by Chicago Board Options Exchange

That sole title may make proponents of Bitcoin make waves of contentment, whereas those that are more skeptical of the cryptocurrency (or cryptocurrencies in general) will likely find themselves shaking their heads in dismay. Whether you're on one of those camps, or Bitcoin is just indifferent for you, the fact that a cryptocurrency has made its way to a bona fide exchange should likely mean one thing: Bitcoin's valuation is only ever more likely to increase now.

Futures trading is one of the wildest, less material forms of trading, since the actual property of the item whose futures you're investing into never becomes yours. Instead, futures trading is more akin to betting, where investors gauge the expected value of a product in the future. A futures trader may invest in the price of rice in China, the expected value of shares for a given company, the value of a fiat currency... And now, the value of bitcoin. Usually, the best futures traders make their decisions based on actual real world data that might affect their investment. The thing here that might propel Bitcoin's value upwards, is that we're already seeing the effect this futures trading has brought upon Bitcoin. Remember that Nicehash hack that resulted in the theft of a puny $68M? Well, historically, hacks in cryptocurrencies have brought about plummeting value, as investors knee-jerk and cash-out before the same can happen to them (among other variables). However, the hype from Bitcoin being traded in an exchange has been so great in the past few weeks that the Nicehash hack didn't register as so much as a blip in Bitcoin's value, in the grand scheme of things. It's just kept on increasing.
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May 12th, 2024 02:30 EDT change timezone

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