Sony Reaches Milestone of 40 Million PS5 Console Sales
Sony has achieved another significant milestone with the PlayStation 5, selling over 40 million units since its launch in November 2020. Approximately 8 million consoles have been sold this year alone. Although this falls short of last year’s holiday sales, during which 7.1 million units were sold in one quarter, Sony assures that inventory is now plentiful and able to meet demand. This means that consumers may not have to wait for stores to restock.
The PS5 hit the 10 million mark in its first eight months. However, it also had the benefit of launching during the holidays, when many people were stuck at home at the start of the pandemic – making it Sony’s fastest-selling console to date. The technology giant is now approaching this pace even in the post-holiday period, when demand tends to fall.
The company had shipped more than 117 million PS4 consoles by early 2022 and almost 157 million PS2 consoles by 2013. Nintendo, meanwhile, had shipped nearly 123 million Switches by the end of 2022. These conclusions are not surprising given its best sales years to date, but they suggest that Sony is doing as well as ever. competition.
How this momentum will change is not clear. A redesigned or updated console cannot be guaranteed in the near future. At the same time, the list of games is getting better. Several PlayStation games are PS5-only, including upcoming blockbusters like Spider-Man 2. Sony is also coming into late 2023 with a few potential system sales, including the PlayStation VR2 and Project Q streaming device. There’s no guarantee that Sony will continue to post rosy sales, but the ingredients are there for a strong year.
