PlayStation 5 Reaches 50 Million, Sells Significantly Better Than Xbox!

General news News Nintendo Nintendo News PlayStation PlayStation News Xbox Xbox News 12/21/2023

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Sony Interactive Entertainment (SIE) has received its Christmas present (some people get nothing): the company has announced that PlayStation 5 has sold over 50 million units (not the number of units shipped to stores, but the number of units sold to consumers!)

Jim Ryan, president and CEO of Sony Interactive Entertainment, said in a press release: “Reaching this milestone for PlayStation 5 sales is a testament to the unwavering support of the global PlayStation community and their passion for the incredible experiences created by the talented developers at PlayStation Studios and our partners. We’re grateful to all of our gamers who have joined the PlayStation 5 journey so far, and we’re thrilled that this is the first holiday season since launch that we have a full supply of PlayStation 5 consoles – so everyone who wants one can get one.

And Eric Lempel, SIE’s international business head, told the Financial Times that interest in the PlayStation 5 has been huge this year, and the company expects sales of it to soon drop off in terms of time compared to the PlayStation 4: “I think we have the ability to get there. The demand for PlayStation 5 this year has been huge. The momentum is strong now and it’s continuing. The recent Black Friday sales period helped make it the biggest November for PlayStation sales, both in units and revenue, in Sony’s nearly 30-year history in gaming. Lempel is optimistic that PlayStation 5 will surpass the 117 million units sold during the lifetime of PlayStation 4. In the current fiscal year (which runs through the end of March), Sony is aiming to ship 25 million units, and if it achieves this, it could break a 25-year record when Sony shipped 22.6 million PlayStation units in 12 months.

An analyst from Ampere Analysis also told the Financial Times that compared to the Xbox Series X/S, the PlayStation 5 sales ratio this year is 3:1! PS5 sales are up about 65% this year to 22.5 million, while the Xbox Series duo is down 15% to 7.6 million and the aging Nintendo Switch is down 18% to 16.4 million.

Oh, and by the way, the PlayStation 5 hit 50 million units just one week behind the PlayStation 4, despite a pandemic and a severe shortage of stock!

Source: Gematsu, WCCFTech, VGC

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Angyal Anikó

Anikó, our news editor and communication manager, is more interested in the business side of the gaming industry. She worked at banks, and she has a vast knowledge of business life. Still, she likes puzzle and story-oriented games, like Sherlock Holmes: Crimes & Punishments, which is her favourite title. She also played The Sims 3, but after accidentally killing a whole sim family, swore not to play it again. (For our office address, email and phone number check out our IMPRESSUM)