Sony PlayStation Network Collapses

At @askplaystation, Sony Group Corp. (NYSE: SONY | SONY Price Prediction) posted this: We are aware some users might be currently experiencing issues with PSN. For more details: https://status.playstation.com What may be the largest gaming network in the world was…

Published February 9, 2025, 8:01am ET · 1 min read

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PlayStation controllers
CHIBA, JAPAN - SEPTEMBER 12: Wireless controller for the PlayStation 4 (PS4) game console are displayed in the Sony Interactive Entertainment Inc. booth on the business day of the Tokyo Game Show 2019 at Makuhari Messe on September 12, 2019 in Chiba, Japan. The Tokyo Game Show will be open to the public on September 14 and 15, 2019. (Photo by Tomohiro Ohsumi/Getty Images) © 2019 Getty Images / Getty Images Entertainment via Getty Images

At @askplaystation, Sony Group Corp. (NYSE: SONY | SONY Price Prediction) posted this:

We are aware some users might be currently experiencing issues with PSN.
For more details: https://status.playstation.com

What may be the largest gaming network in the world was in trouble. Sony’s online game and online store were inaccessible. In total, PlayStation Direct, the PlayStation Store, gaming and social, PlayStation Video, and account management were down or partially down.

Sony’s gaming division is its largest, bringing in about 30% of the company’s revenue. Last year, Sony sold over 20 million new PlayStation units. Sony says the network has 116 million active users worldwide. Its newest console is the PS5. More than half the consoles in the world are older versions.

The first version of the PlayStation was launched in 1994. A new PlayStation costs about $499. There are 3,623 games that can use the platforms

PlayStation’s only real competition is the Microsoft Inc. (NASDAQ: MSFT) Xbox. Now in its fourth generation, it is believed to have fewer users than PlayStation does.

A primary difference between PlayStation and Xbox is that Xbox is a tiny part of Microsoft’s revenue.

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