Sony Shipped 19.3 Million PS5 Consoles But Missed Initial Sales Target

"Problematic supply chain issues"

PlayStation PS5 ray tracing
Sony Shipped 19.3 Million PS5 Consoles But Missed Initial Sales Target

Sony has announced that its shipped 19.3 million PS5 consoles since launch, but missed its initial second-year target by over 3 million. Sony originally projected to ship 14.8 million PS5s in its FY21 financial year, but instead sold 11.5 million. This is largely due to stock shortages which continue to impact sales targets.

Sony previously warned that supply chain issues would make it difficult to meet their targets, as evident here. However, the company remains confident that it will sell significantly more PS5s during its current fiscal year ending March 2023, landing at around 18 million units.

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Comparatively, the PS4 managed to sell 14.8 million units in the same time period. Sadly, the pandemic brought with it plenty of manufacturing issues for companies, including Sony. As a result, it’s still difficult to find PS5s in retail stores unless you go through the process of pre-ordering consoles as they become available online.

Sony detailed other impressive stats, including 47.4 million users being subscribed to PlayStation Plus by the end of March 2022. This is slightly down from the 47.6 million during the same time period in the previous fiscal year. Monthly active users were also down at 106 million compared to the 109 million in FY20.

Sony is gearing up to revamp PlayStation Plus into a new multi-tiered system that will launch across various regions in June and July. The highest tier will give users access to a library of PS1, PS2, PSP and PS3 games (the latter being cloud streaming only). This includes access to a selection of PS4 games as well.

With interest slowly building in the new PlayStation Plus subscription service, we’ll likely see those subscriber numbers increase by the end of the current fiscal year. With the release of God of War Ragnarok also on the horizon, PlayStation exclusive sales will continue to grow too.

NOW READ PS5 Sales Almost Hit 20 Million But Switch Remains Best-Selling Console

Source: Video Games Chronicle

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