Across the USA, the new PlayStation 5, or PS5, is creating quite a splash. Even though it’s pricier than its predecessor, the PlayStation 4, or PS4, it’s seeing more sales. This pattern has piqued interest among many gaming enthusiasts nationwide.
According to analyst Mat Piscatella from Circana, by the end of 2024, the PlayStation 5 (PS5) is projected to have sold 7% more units than the PlayStation 4 (PS4) had at the same stage in their lifetimes. Notably, this difference has increased from 6% as of December 2023, suggesting that the PS5‘s sales are gaining traction.
1. It’s worth mentioning that the PS5 carries a higher price when it first hit the market compared to what the PS4 was selling for during its early years.
2. Furthermore, the PS5 struggled with supply issues following its launch, which makes its sales figures even more remarkable.
Contrary to Sony’s PlayStation 5, Microsoft’s Xbox Series X|S hasn’t been as successful. By the end of 2024, its sales trailed behind those of the Xbox One by 18%, a gap that was only 13% in December 2023. This suggests that interest in the console may be waning.
In the first 50 months of their release in the U.S. market, the PlayStation 5 has sold 7% more units than the PlayStation 4 did at the same point in its life cycle, whereas the Xbox Series S/X has lagged behind the Xbox One by 18%. Compared to the first 38 months, the PS5 was 6% ahead of the PS4’s pace back then, while the Xbox Series was trailing the Xbox One by 13%.
— Mat Piscatella (@matpiscatella.bsky.social) 2025-01-23T18:49:26.849Z
In Japan, the PS5 is maintaining a similar sales rate as the PS4. On the other hand, in Europe where cost matters more, the PS5 sales are lagging behind those of the PS4. It’s intriguing to observe how Sony plans to tackle this issue by 2025.
In essence, the PS5 is not just maintaining its position but also outperforming its former version in the American market, which is remarkable considering its higher cost and early supply constraints. As we venture into 2025, it will be fascinating to observe how these patterns unfold and how Sony handles the hurdles in various geographical areas.
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2025-01-26 16:44