Monday, September 27, 2021

PlayStation 5 remains the fastest selling console in Sony history

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Despite the worldwide scarcity of chips and other components, Sony’s PlayStation 5 continues to lead as the fastest selling console in Sony history, with more than 10 million units sold so far.

During an earnings call, Sony Interactive Entertainment President and CEO Jim Ryan said that although the PS5 has sold out faster than previous Sony consoles, they still have a lot of work ahead of them as demand for PS5 outstrips supply. He also added that in this global process where production difficulties continue, improving inventory levels is their top priority.

In addition to PlayStation 5 sales, Sony also shared the sales details of some of its exclusive games. Spider-Man: Miles Morales has sold more than 6.5 million copies since its release in November (how many of these copies are for PS5 and how many for PS4 is not specified). Ratchet & Clank: Rift Apart has sold more than 1.1 million copies since its June launch, while Returnal has sold more than 560,000 copies since its launch in April.

On the Microsoft side, Microsoft has not shared console sales since Xbox One to date, but said that Series X|S is the fastest selling Xbox console ever. Series X|S has sold approximately 6.5 million units as of June 30, according to analysis by Daniel Ahmad, Senior Analyst at Niko Partners. Thus, Ahmad estimates that Xbox Series X|S will surpass Xbox One, which sold 5.7 million, and Xbox 360, which sold 5 million, in the same time period.

Despite the global production shortage, Sony’s achievement is admirable, but time will tell if Sony can meet console demands and improve inventory levels.

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