Sony recently held a business briefing for investors where it painted an incredibly rosy picture around the PlayStation 5 and its future outlook. Despite recent layoffs and failing to reach its sales goals for 2023, the company seems confident that the console’s best days are still ahead.

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Sony’s big summer PlayStation showcase has turned out to be a smaller State of Play event scheduled for May 30. The company announced it will include updates on new first-party games coming to PlayStation 5 as well as PS VR2.

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