PS5 Slim Model Sony 2023 PlayStation

PS5 Sales Hit 40 Million – Tracking Slightly Behind PS4

Sony Interactive Entertainment has announced that PS5 sales have reached 40 million units sold since its launch in late 2020. However, it’s still tracking slightly behind PS4 sales, largely due to the shortage of available consoles during the pandemic. PlayStation claims that the console supply issue has more or less been solved at this point and remain optimistic about future sales potential for the PS5.

The PS4 remains the fastest-selling Sony console at the moment having reached the same 40 million sales milestone two months sooner than the PS5. That said, the PS4 didn’t face any of the problems brought about by the pandemic, which led to shortages of PS5 consoles in retailers.

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SIE CEO Jim Ryan provided a statement on the PS5’s new sales milestone, stating:

“We launched PlayStation 5 in November 2020 and the world was in a strange and different place than when we announced the console in 2019. Despite the unprecedented challenges of COVID, our teams and our partners worked diligently to deliver PS5 on time. We continued to face headwinds with the pandemic, and it took months for supply chains to normalize so we could have the inventory to keep up with demand.”

“For more months than I care to remember, we kept thanking our community for their patience while working through these issues,” Ryan added. “But now PS5 supply is well-stocked and we are seeing that pent up demand finally being met.”

Sony intends to ship around 25 million PS5 consoles during FY2023 (ending 31 March 2024). The company hopes to regain any lost momentum from the past few years and with the anticipated launch of the PS5 exclusive superhero game Marvel’s Spider-Man 2 this October, it will likely result in an upsurge of PS5 console sales.

Source: Video Games Chronicle

Editor-in-Chief of Nexus Hub, writer at GLITCHED. Former writer at The Gaming Report and All Otaku Online. RPG addict that has wonderful nightmares of Bloodborne 2.

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