The PlayStation 5 sales are soaring, as the console recently wrapped up its best year on the market in terms of sales, with close to 38 million units sold in its lifetime; things were just as rosy for Sony in detail. Although there were some production shortages, Sony Interactive Entertainment president Jim Ryan stated in January that the stock shortage is predominantly over, and sales have been on an upward trajectory ever since.
Sony confirmed in a financial report that the PlayStation 5 had sold 19.1 million units globally by the end of the fiscal year 2022-23. However, it sold approximately 6.3 million units in the fourth quarter alone. This is a record high for any console in history for this specific quarter.
However, the third quarter, which includes the holiday season, did even better, with sales approaching 7.1 million. This uprise in sales will propel PlayStation 5 to the top as the best-selling console by Sony in no time, surpassing its predecessor PlayStation 4, which sits at around 40 million units sold in its lifetime.
Sony does not appear to be slowing down any time soon, as it now expects to ship 25 million PlayStation 5 consoles in its upcoming fiscal year, which ends in March 2024, setting yet another record.