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PlayStation 5 Sells Over 10 Million Worldwide

PlayStation 5

Sony Interactive Entertainment (SIE) announced on Wednesday that since its launch in November 2020, PlayStation 5 has sold more than 10 million units globally. That is the quickest-selling console in the PS5 Sony.

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SIE President and Chief Executive Officer Jim Ryan admitted that the supply still exceeds demand, despite the PS5’s sales dynamics. He expressed that making stocks better still remains a high priority.

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In its library of PlayStation Studios titles, SIE has also reached several milestones, including:

  • Insomniac Games Miles Morales(Spider-Man of Marvel) has sold more than 6.5 million copies* since its launch on 12 November 2020.
  • With more than twenty million copies* sold on all platforms, the ShowTM 21 at San Diego Studio is the fastest-selling game in the franchise’s history. Since its release on April 16, 2021, the game has achieved more than four million gamers.
  • A new IP, Returnal of Housemarque, has sold 560.000 exemplars* since it was published on 30 April 2021.
  • Ratchet & Clank: Rift has sold over 1.1 million copies, apart from Insomniac Games.

* As of July 18, 2021

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Overview

In the course of a briefing following the financial results report of Sony by late April, Bloomberg reported in May that Sony Group Chief Financial Officer, Hiroki Totoki, had revealed that PlayStation 5 is expected to remain short by 2022. Totoki added, “I don’t see demand easing this year, even if we obtain a lot more devices and manufacture far more PlayStation 5 units next year, our supply will not match up to demand,” Bloomberg said.

During the conference, Sony noted that since launching the PS5, partly owing to lack of components, such as semiconductors, has been harder to maintain.

By 31 March, Sony sold 7.8 million PS5 devices. For this fiscal year, the firm anticipates selling at least 14.8 million devices.

The PS5 was introduced on 12 November 2020 and was launched in the U.S., Japan, Canada, Mexico, Australia, NZ, and South Korea. On 19 November 2020, the console started up in most parts of the planet. PS5 retails for $499.99, while PS5 Digital Edition retails for $399.99 (without including optical discs).

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