Sony is seeing strong momentum for its PlayStation 5 console, a senior games executive said, with lifetime sales exceeding 50 million units and the company recording its best-ever Black Friday period sales for the device. During this holiday shopping season, the entertainment conglomerate is looking for a strong performance from the PS5, which is in its fourth year on the market, to hit its sales target of a record 25 million units in the current financial year ending March 31.
Despite significant supply shortages and other historic market challenges, the PS5 has already outsold some of gaming’s most beloved consoles in less than three years. That’s a remarkable achievement and a testament to just how hot gaming is now compared to its golden years.
It may also be helpful to put those milestones into perspective by comparing them with other consoles that have been on the market for much longer than the PS5. So, let’s look at how PlayStation 5 sales stack up in terms of longevity and historical significance.
According to industry publication Games Industry, PS5 sales are tracking just one week behind Sony’s last-gen console regarding total lifetime sales. That’s a massive turnaround since the console launched during the COVID-19 pandemic and was consistently out of stock for its lifecycle’s first year or so.
It’s worth noting that this isn’t necessarily a sell-through figure, which means that the PS5 may have shipped more than 50 million units to retailers who sold those units to consumers. However, the fact that PS5 hardware sales are rising so quickly suggests that many of these consoles are being purchased and used by gamers.
In addition, the fact that PlayStation 5 sales are rising so quickly likely means that plenty of players may be considering upgrading to a more powerful PS5 Pro or a newer, slimmer version of the console.