PS5 Hits Huge Sales Milestone, Has PSone in Its Sights
Key Points:
- Sony has announced that the PlayStation 5 has shipped over 100 million units worldwide, reaching this milestone six years after its November 2020 launch amid the COVID-19 pandemic.
- The PS5 has shipped an additional 2.1 million units in the 40 days since the end of September, with shipments described as cumulative hardware unit sales (sell-in), not direct consumer sales.
- The PS5 is approaching the sales numbers of the PS4, which sold over 117 million units, and has already surpassed the PS3 and PSP, but is unlikely to surpass the PS2’s record 160 million sales.
- Market challenges such as rising console prices, partly due to increased RAM costs, have slowed PS5 sales compared to the PS4’s lifecycle, which benefited from price reductions over time.
- Despite mixed game performance, including disappointing sales for Marvel’s Wolverine and cancellation of Haven’s Fairgames, Sony remains optimistic with an increased full-year forecast and the upcoming launch of GTA 6 expected to boost console sales.