PS5 is currently selling slower than PS4

The PS5 has been one of the most requested consoles since it launched in November 2020, so much so that Sony has struggled to meet this strong demand. However, Latest figures shows that PS5 sales have totaled 17.3 million units as of December 31, 2021.
During the crucial third quarter of fiscal 2021, which spans the holiday season, Sony sold 3.9 million PS5 consoles, a slight improvement from the previous quarter’s 3.3 million. . However, this is lower than the 4.5 million PS5 units that Sony shipped for the same quarter of the previous fiscal year.
The PS5 has been the best-selling PlayStation of all time, reaching 10 million units sold faster than any previous Sony console, which shows the importance of demand, but the pace is slowing down now. The latest figures show that the PS5 is currently lagging behind its predecessor, with the PS4 hitting 20.2 million units sold in the same timeframe.
Sony has struggled to meet consumer demand, with many PlayStation fans joking about the elusive or “mythical” PS5, whose availability often increases rapidly. Like Nintendo and Microsoft, Sony has faced component shortages and constrained supplies due to supply chain issues, mainly due to ongoing computer chip shortages and due to sales Sales decreased compared to the same period last year.
These problems look set to continue, and Sony has acknowledged this by revising its overall forecast, reducing PS5 shipments to 11.5 million units for the fiscal year, down from previous forecasts. that’s 14.8 million. Sony said it was building inventory and hinted that supply would improve by the end of 2022.
Meanwhile, the PS4 hit the 200,000-unit mark in Q3 2021, meaning its lifetime sales have now hit 116.8 million units, while digital sales of both PS4 and The PS5 both increased, and the PS Store reported its second-biggest quarterly revenue ever.
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