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Home > News > Sony Expects Huge Sales Increase with New PS5 Model
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Sony Expects Huge Sales Increase with New PS5 Model

RishabhsBy RishabhsFebruary 10, 2023
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If Sony releases the PlayStation 5 successor that has been widely speculated about, the company might see record-breaking sales of the gaming system in the following year. According to Sony’s financial statement for Q3 FY22, the Japanese electronics giant enjoyed its greatest performance since the release of the PlayStation 5.

According To Sony

In a recent interview, Sony’s CEO said that the company expects to sell 30.5 million PlayStation 5 consoles in fiscal year 23. So, to put this in perspective, the business anticipates selling about the same volume of units in the next fiscal year as it has delivered since the console’s introduction in November 2020. (32 million). The sales projection indicates that August 2023 is anticipated to have the worst unit shipments at 1.5 million. However, it predicts that November will be its most profitable month of the year thanks to expected sales of about 4.8 million devices. It is expected that about 10.5 million devices will be sold in the months of October, November, and December.

The launch of Final Fantasy 16 and Insomniac’s Spider-Man 2 at the year’s conclusion will both definitely boost sales. Sony’s planned introduction of the PS VR2 might potentially aid in console sales. Although a revelation from Insider Gaming has been the first source of rumors about the latest iteration of the PS5, they are not the primary driver of these bold forecasts. According to the aforementioned sales projections for gaming consoles, the speculated launch date of this compact PS5 variant is September 2023.

A Bit About The New Model

The disc drive in this new edition will supposedly be removable, allowing for the device to be slimmer and lighter overall. The updated PS5 is expected to deliver 18.5 million units by the end of the fiscal year in 2023. To put this in perspective, a simple calculation reveals that Sony is counting on selling just around 12 million of the PS5’s debut version before it completely stops manufacturing at the end of this year.
No one knows when the PS5 successor will be shown as of this posting, but it won’t be at E3 2023 since Sony, Microsoft, as well as Nintendo, have already said they won’t be there. So, it seems likely that a statement will be delivered around April 2023, which is when the manufacture of the next console is scheduled to begin.
The Japanese electronics giant is expected to have moved over 68 million PlayStation 5 units by the end of FY23 if the current projections hold true. There’s no denying the machine’s widespread appeal, but those numbers are staggering. However, the PlayStation 5 may never be able to overtake the PlayStation 2 as the best-selling platform in history.
PS5 Sony
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