PlayStation 5 Sales Top 38 Million Following Its Best Year on the Market

Sony’s PlayStation 5 has just wrapped its best year on the market so far and has crossed 38 million units sold as a result. Altogether, 19.1 million were sold in the past 12 months, making for a total of 38.4 million units sold since the console launched in 2020.

Revealed in Sony’s latest financial earnings report, the PlayStation 5 sold 6.3 million units in the fourth quarter (Q4) of financial year 2022-23. This was more than three times stronger than its sales in Q4 the previous year, where it sold just two million units.

Having sold 32.1 million units as of the end of Q3, the PS5 has now reached 38.4 million units sold. Sony also sold nearly as many units in financial year 2022-23 as it had prior to that point, rounding out the year with 19.1 million PS5 consoles sold compared to the 19.3 million sold beforehand.

The 6.3 million fourth quarter wasn’t its strongest, however, as 7.1 million PS5 consoles were sold in Q3. This is a fairly regular trend, however, as Q3 includes the holiday period which usually leads to significant sales boosts for video game hardware.

The increase in sales overall is likely connected to the fact that PS5 consoles are now readily available as Sony Interactive Entertainment president Jim Ryan said in January that the stock shortage is essentially over.

The PS5 had encountered significant production issues due to component shortages that plagued the video game industry and beyond, forcing Sony to re-evaluate its sales forecast for the 2021-22 financial year.

Ryan Dinsdale is an MARKMEETS freelancer and acting UK news editor. He’ll talk about The Witcher all day.