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In ten years someone will write a book about how Sony threw away leadership in VR by not pushing their natural advantages, with a quarrel between a PlayStation CEO wanting to get rid of the PSVR he had inherited and the Sony Japan management forcing him to stick to it just in case, leading to a minimal effort, late response product policy, effectively self-sabotaging by selling a HMD with lower component costs than the most successful consumer HMD at twice the price. And never convincing AAA developers to support the platform due to a very visible lack of commitment with 1st party titles.
The PS4 was very underpowered for VR, the PSVR released after Rift CV1 and Vive with subpar PS3 Move controllers. And it still wowed people with RE7 or Skyrim VR, and seriously outsold PCVR with 5mn PSVR sold by January 2020. And then they fucked it all up, gambled away their huge lead over everyone and wasted the opportunities the powerful PS5 hardware could have given them.