PS5 NEVER in it's lifecycle sold at a loss. That hasn't happened for generations now.

All caps doesn't make it true.

Sure, the reality makes it true. The BOM for PS5 is very low.

And it is the first time in history where storage and RAM cost double or triple what it cost 6 months ago. So unknown if Sony makes a profit from todays sales.

Sony is selling off old stocks at old future prices. They've already started hiking the price up - it's unlikely they'll eat the loss on hardware here either.

It's happened before. Storage more than doubled after the thailand floods back in 2011. There have been RAM disruptions as well.