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Xbox One, PS4 sales plummet because of Xbox Series X and PlayStation 5

NPD Group report shows PS4 and Xbox One sales lower than expected, preparing for PS5 and Xbox Series X.

@anthony256
Published Sun, Feb 16 2020 10:50 PM CST   |   Updated Tue, Nov 3 2020 11:45 AM CST

Microsoft and Sony are seeing lower-than-expected sales of their current-gen Xbox One and PlayStation 4 consoles, according to the latest report from market analysts NPD Group. The reason? The upcoming next-gen Xbox Series X and PlayStation 5 consoles, that's why.

Niko Partners analyst Daniel Ahmad tweeted out: "An interesting takeaway from the US NPD report is that PS4 and XB1 hardware sales in Jan 2020 are considerably lower than PS3 and 360 were in Jan 2013. Next-gen consoles are around the corner but both are declining sharper than expected. Switch continues to remain steady".

Hardware sales were down 35% in January 2020 compared to January 2019, while total spending throughout gaming hardware, software, accessories, and game cards is down 26% compared to the same time as 2019.

Xbox One, PS4 sales plummet because of Xbox Series X and PlayStation 5 | TweakTown.com
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Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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