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PlayStation 5 breaks 19 million units sold, forecast to sell 18 million in the FY2022

Digital sales make up around 71% of software purchases for the console.
This article is over 2 years old and may contain outdated information

While big acquisitions tend to be what grabs the headlines for gaming companies, their quarterly reports are the best way to see how well they are doing. These reports tend to have numerous figures around their sales and how much money the company has on hand to weather challenging periods, like the one that Sony continues to have with the PlayStation 5.

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It hasn’t been any secret that the PlayStation 5 has had a difficult time so far in its lifecycle. With shortages at launch that have impacted the company’s sales through two holiday seasons, Sony’s latest console sales have never quite met their expectations. We are at the start of the console’s second full year since launch, and the PlayStation 5 has yet to break the 20 million units sold marker.

According to Sony’s quarterly report to investors, the PlayStation 5 has sold 19.3 million units since its launch in November 2020. This figure is around 14 percent lower than the PlayStation 4’s sales the same time after its initial release. This report is likely disappointing for Sony but certainly not catastrophic; the PlayStation 4 has sold over 116 million units so far, so there is scope for the newest console to catch up over time.

Sony is bringing that optimism with them into the next financial year. With potential supply issues finally sorted out, the company’s report forecasts that it will sell an additional 18 million PlayStation 5 units between April 2022 and March 2023. This would be a sizeable jump from the 11.5 million units sold in the previous financial year and would put the console on good footing to catch up to its predecessor heading into the middle of its lifespan.

Other highlights from the report state that the company sold 70.5 million units of software in the fourth quarter of last year, with 14.5 million of those units being for first-party titles like Horizon Forbidden West. Sony has also reported that digital sales made up around 71% of overall software purchases for their consoles last quarter.


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Author
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Trent Cannon
Trent is a Freelance Writer at Gamepur. He has contributed news, guides, and reviews about video games for over a decade and has a special place in his heart for JRPGs, Splatoon, Sea of Thieves, and anything that's a bit silly, really.