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PlayStation 5 sales hit 25 million, still selling slower than PS4

Sony's PlayStation 5 console has sold-in (or shipped) 25 million units worldwide since launch in 2020, but it's still shipping slower than the PS4.

PlayStation 5 sales hit 25 million, still selling slower than PS4
Published Nov 1, 2022 3:22 PM CDT   |   Updated Wed, Nov 23 2022 12:40 AM CST
0 minutes & 57 seconds read time

Sony's PlayStation 5 has shipped 25 million units since releasing in 2020, but the console is still shipping slower than the PlayStation 4. That should change this year.

PlayStation 5 sales hit 25 million, still selling slower than PS4 5422022

Today Sony announced its Q2 2022 earnings report, revealing tons of new info about the PlayStation business. According to the figures, the PlayStation 5 duo of consoles has shipped 25 million units to date. Compared to the PS4, the PS5 is actually about 4 million units short of being its predecessor's rapid pace.

In its first 8 quarters the PlayStation 4 had shipped 29.4 million units worldwide, beating the PS5's current numbers by some 4.4 million units. Sony is eager to fill the gap between the two generations and is actually making PS5 consoles faster than anticipated--the company produced 6.5 million PlayStation 5's during the Q2 period from July to September 2022.

The goal is to have shipped 18 million PlayStation 5 consoles throughout this fiscal year. This would technically beat the PS4's shipments throughout a comparative period--the PS4 shipped 17.7 million consoles in its third fiscal year or 10 quarters--however the PS4 is still expected to stay on top.

That being said, Sony is making high revenues from its hardware business, with Q2 numbers hitting $1.296 billion thanks to the growing availability of PlayStation 5 consoles. Also remember that the PS5 is now profitable for Sony's video games division, and that the company has raised the retail price tag of all PS5 units in most worldwide markets except for North America and the United States.

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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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