PS5 supply issues: Sony expects to ship 18 million PS5s in 2022 - 2023

Sony plans to introduce nearly 20 million PlayStation 5 consoles onto the market in 2022-23, representing a huge sales blitz.

Published May 11, 2022 3:26 PM CDT   |   Updated Wed, Jun 1 2022 8:32 AM CDT
2 minutes & 8 seconds read time

Sony is planning to ship more PlayStation 5 consoles this fiscal year than any other console in PlayStation history.

PS5 supply issues: Sony expects to ship 18 million PS5s in 2022 - 2023 52 |

Sony's plans for a big PS5 sales blitz are still active. The company has announced that it expects to ship 18 million PlayStation 5 consoles through Fiscal Year 2022 (present - March 2023). Sony had originally announced this massive shipment strategy during an investor's meeting in May 2021, where it implied 20 million+ PS5 sales targets.

The PS5 has currently shipped 19.3 million units worldwide. If Sony's plan is successful, total PS5 shipments would skyrocket to 37.3 million by March 2023. This is well below Sony's original implied 45 million PS5 target.

"We're planning next year's PS5 availability to ensure FY2022 will represent the highest number of consoles that we've ever sold in PlayStation history," SIE President Jim Ryan told investors at the time.

"Our unit sales forecast for PS5 hardware is 18 million units, a number based on our current visibility into parts procurement," Sony said in its recent earnings report.

PS5 supply issues: Sony expects to ship 18 million PS5s in 2022 - 2023 22 |

Sony also implies that it expects to sell all PS5s that are shipped. FY22's sales revenues are forecasted to jump a substantial 34% year-over-year to 3.66 trillion yen that would push PlayStation earnings to an all-time high of $28 billion+.

"FY22 sales are expected to increase a significant 34% year-on-year to 3 trillion 660 billion yen due to an expected increase in sales in all categories."

Stay in the know: Sony Fiscal Year 2021 Coverage Catalog

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Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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