- Sony ( NYSE: SONY ) has reportedly drastically lowered the output for its upcoming PlayStation VR 2 headset following weaker-than-expected preorders.
- The Japanese entertainment and technology conglomerate lowered its shipment forecast of the virtual reality headset to roughly 1M units this quarter, down from a previous estimate of 2M units, Bloomberg reported , citing people familiar with the matter.
- The device, which retails for $549.99, is slated to go on sale on February 22.
- Tokyo, Japan-based Sony ( SONY ) unveiled the VR2 headset, which competes with offerings from HTC and Meta Platforms ( META ) Oculus, this past February .
- Sony ( SONY ) shares fell 1.6% to $87.90 in premarket trading on Tuesday.
- Last week, Sony ( SONY ) gaming chief Jim Ryan met with EU antitrust head Margrethe Vestager Wednesday to discuss Microsoft's ( MSFT ) proposed deal to buy Activision Blizzard ( ATVI ).
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Sony may have cut the output for its PlayStation VR2 headset after weak pre-orders