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Sony Is Rethinking the Console Business Model With PS5 Pro

A PlayStation 5, which is good enough to play all Sony games, on display at the company’s headquarters. — A PlayStation 5, which is good enough to play all Sony games, on display at the company’s headquarters.
Photographer: Kiyoshi Ota/Bloomberg

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By Takashi Mochizuki and Vlad Savov

September 17, 2024 at 11:05 AM UTC

Sony’s announcement of a $700 souped-up PlayStation 5 seems like a sign of confidence in the future of consoles, but it may in fact be a harbinger of their impending demise. But first...

Three things you need to know today: