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Sony Says PS5 Price Increase Hasn’t Hurt Demand

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During its latest earnings call, Sony revealed that the PlayStation 5 price increase didn’t impact the demand for this console. Players are still eager to get their hands on a PlayStation 5, despite the supply shortage and the higher price tag of Sony’s console in some regions.

In late August, Sony increased the price of PlayStation 5 in various countries including Europe, Canada, Australia, Japan, and China. This price increase amounted to about 10% of the original PlayStation 5 cost. Sony explained that the company needed to adjust the price of the PlayStation 5 due to general inflation and “adverse currency trends.” This price hike didn’t impact the United States.

During Sony’s Q2 2022 earnings call, the company addressed the price increase of the PlayStation 5. Chief financial officer Hiroki Totoki explained that “so far, due to the price increase, we have not seen any dampening of the demand but we have to monitor what will happen in the market going forward.” Despite the PlayStation 5 costing more than its direct competitor the Xbox Series X, demand seems to remain strong for Sony’s console.

The new pricing of the PlayStation 5 should bring around 10 billion yen to Sony, which amounts to roughly 68 million USD. The total playtime of PlayStation 5 users increased during Q2 compared to the previous quarter but decreased 10% year-on-year as players had more opportunities to go outside as the COVID-19 situation was getting better.

According to Sony, players purchased fewer older games than before, while the sales of major new titles remained strong. The company concluded that PlayStation 5 users played a smaller number of titles to spend less money. This desire to save money didn’t prevent players to purchase a console though, and Sony announced increasing the PlayStation 5 production to improve the stock situation before the end of the year. The company stated that in September, it took an average of 17.5 hours to sell 100,000 consoles after their arrival in stores.

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Electric Scooters

Acer to Showcase Cutting-Edge Tech and AI at GITEX 2024

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Acer Middle East returns to GITEX Global this October with a wide range of tech innovations and solutions that are sure to impress tech enthusiasts and visitors alike. Taking place at the Dubai World Trade Centre from 14th – 18th October 2024, visitors will be able to discover the latest in Artificial Intelligence, amongst other innovations from Acer’s diverse range of cutting-edge products for education, gaming, mobility, sustainability, business and more.

Acer is committed to creating an impact at GITEX as the event brings together the world’s brightest minds from across the tech industry from more than 170 countries. Through their participation in the event, Acer aims to continue to build and strengthen relationships with clients, while also showcasing their latest technologies and product ranges.

Commenting on the upcoming exhibition, Michele Montecchio, General Manager at Acer Middle East said: “We are excited to showcase our latest innovations, solutions and AI technologies alongside some of the largest tech giants that exist today.”

Visitors to GITEX will have the opportunity to experience Acer’s latest range of products through live demonstrations and hands-on experiences at the tech brand’s interactive stand. Showcasing something for everyone, products on display from Acer will include a wide selection of outstanding tech innovations across a variety of categories.

E-Mobility

The Predator Extreme PES017, a daring E Scooter with a bold design built for adventure and exploration.

AI Laptops

Acer’s new Swift AI Copilot+ PCs are available with a variety of processors, including Snapdragon X Plus 8-core processor, AMD Ryzen AI 300 Series processors and Intel Core Ultra Processors (Series 2). These laptops utilize greater AI processing power and performance without compromise. Whether creating, working, or streaming – these Copilot+ PCs streamline daily tasks and workloads more efficiently and enable Acer’s on-device AI applications to help enhance users’ digital experiences.

Education and Business
The Chromebook Plus 515 is designed to empower productivity, efficiency, and multitasking. Featuring a powerful processor, a 1080p webcam, multiple connectivity ports, a fast-charging 10-hour-life battery, military-grade durability and built-in AI apps, this 15-inch Chromebook Plus is perfect for work and play, while withstanding daily wear and tear.

The new ultra-thin-and-light Acer TravelMate P614 AI laptop is designed and built purposefully for commercial organizations, offering exceptional performance, mobility and AI capabilities. With its long battery life, Wi-Fi 7 connectivity, and MIL-STD 810H durability, it’s ideal for professionals who work in a hybrid setting.

Gaming

The newly introduced Acer Nitro Blaze 7 is a powerful and portable handheld AI gaming device that delivers lightning-fast performance and efficiency for everyday gaming and entertainment on the go. Gamers can expect elevated efficiency and support for on-device AI-powered capabilities, real-time graphical upscaling and lag-free experiences. This handheld design allows users to easily slide the device into their bags or pockets for instant gaming wherever they are.

The Predator XB273K V5 Monitor has a crisp 4K (3840 x 2160) resolution, a smooth 160 Hz refresh rate and a lightning-fast response time of up to 0.5 ms (GTG). It’s sure to deliver flawless gameplay and stunning clarity.

Tech Innovations

The Acer SpatialLabs Eyes is a multifaceted and intuitive 3D camera suitable for business and lifestyle users alike. Featuring 8MP per eye resolution, a selfie mirror, and a weatherproof design, users can create 3D content, stream live, and join meetings in 3 Dimensions.

For connectivity needs, the Acer Wave 7 Wi-Fi 7 mesh router creates a robust and secure high-speed network connection designed for modern living. It is the fastest and most seamless solution to achieve uninterrupted streaming, gaming, and browsing from any corner of your home or workspace.

Visit Acer’s stand at GITEX Global, at Hall 3, STAND NO: H3-C20 from 14 – 18 October 2024 at The Dubai World Trade Centre.

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Events

GAMERGY is Coming to the MENA Region

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GAMERGY is extending its presence to the MENA region. After exciting editions in Europe and Latin America, the festival arrives in Egypt. For three days (January 30 to February 1) it will become the global meeting point for esports fans and international players competing for the best prizes. For this new edition of GAMERGY, MENATech, a company of the GGTech Entertainment group, will have the collaboration and support of ievents, eProjects LLC, and Influence Communications, leaders in event management, communication and experience creation.

The venue chosen for the celebration of this new edition of GAMERGY is Al Burouj, developed by IMKAN Misr in Cairo. Attendees will have access to a wide range of games for PC, mobile and consoles, with exciting tournaments, live performances by top artists, meet & greets with influencers and the best esports teams in the region. GAMERGY is a pioneering event designed for video game enthusiasts of all ages and backgrounds. The next edition in Egypt will create an immersive environment where the physical and virtual worlds will merge, allowing participants to connect and engage in unforgettable experiences.

GAMERGY has organized more than 20 successful editions in Spain, Argentina, Mexico, Miami, and Panama, consolidating its status as a dominant force in the e-sports, leisure and entertainment scene for the whole family. Mario Perez, CEO de MENATech, expressed his enthusiasm, “We are very excited about the first edition of GAMERGY in the MENA region, and it is a privilege that it is being held in Cairo. Following the expansion of GAMERGY over the past three years, with successful events in Spain, Mexico, Panama, Miami, Argentina and beyond, this marks an important milestone for us. Egypt’s gaming community is truly impressive and we are delighted to have the opportunity to engage with them and deliver an unforgettable experience to gamers of all ages. With the support of our partner in the Middle East, eProjects LLC, we are confident that GAMERGY Egypt will be a standout event on the GAMERGY International Tour.”

Sherif ElBassiouny, CEO of eProjects LLC, commented on the unique coalition, saying, “Hosting this groundbreaking eGaming event in Egypt is a testament to the nation’s growing influence in the digital and entertainment sectors. We are proud to bring together gamers and enthusiasts from across the MENA region, fostering innovation, competition, and community. This event not only highlights Egypt’s potential as a regional hub for eSports but also reflects our commitment to empowering the youth and embracing the future of digital entertainment. Together with our local partners, ievents and Influence Communications, we are paving the way for new opportunities in this thriving industry.”

GAMERGY combines entertainment and innovative technology, offering a unique experience where fun and creativity come together, as well as a disruptive experience for visitors and gamers alike. It will offer top-notch content on all aspects of the gaming world and showcase the latest technological advances in esports.

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Displays

Sony Launches INZONE M10S OLED Gaming Monitor Co-Developed with Fnatic

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Sony has expanded its INZONE gaming gear lineup with the introduction of the INZONE M10S and M9 II gaming monitors. The INZONE M10S, a 27-inch OLED monitor, offers an unprecedented level of motion clarity and instant responsiveness with a 480Hz refresh rate and 0.03ms response time. The INZONE M9 II, an update to Sony’s 4K HDR gaming monitor, features backlight scanning for improved motion clarity.

INZONE M10S

Co-developed with esports team Fnatic, the INZONE M10S is designed for competitive gaming. Its 24.5-inch playing mode and new FPS Pro modes offer optimal performance and image quality for tournament-level gameplay. With a 480Hz refresh rate and 0.03ms response time, the INZONE M10S delivers exceptional motion clarity and instant responsiveness.

Key Features of the INZONE M10S:

  • 27-inch QHD 1440p OLED display
  • 480Hz refresh rate
  • 0.03ms response time
  • DisplayHDR True Black 400
  • Custom Heat Sink
  • Adjustable stand with height, tilt, and swivel options
  • DisplayPort 2.1 and HDMI 2.1
  • NVIDIA G-SYNC Compatible

INZONE M9 II

The INZONE M9 II builds upon the success of its predecessor with the addition of backlight scanning technology. This feature improves motion clarity and provides a more immersive gaming experience. The INZONE M9 II also offers a high contrast 4K display with full array local dimming technology.

Key Features of the INZONE M9 II:

  • 27-inch 4K UHD IPS display
  • 160Hz refresh rate
  • Full array local dimming
  • Backlight scanning technology
  • 750 nits peak brightness
  • DisplayHDR 600
  • Wide color gamut DCI-P3 95%
  • 1ms response time
  • Adjustable stand with height, tilt, and swivel options
  • DisplayPort 2.1 (included cable is 1.4) and HDMI 2.1

The INZONE M10S gaming monitor will be available from October for AED 4699. The INZONE M9 II gaming monitor will be available from October for AED 3499.

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