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News PS5 Sales Still Trending 8% Ahead of the PS4 in USA

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Chad
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Despite doom and gloom surrounding the console market, the PS5 is still trending around 8% ahead of the PS4 launch aligned in USA, despite its higher price point and pandemic-induced stock shortages. Given the challenges of the global economy, Sony will consider this a success.

Mat Piscatella confirmed the tidbit as part of a Q&A session on the sales-centric Install Base forum, where he added that the Xbox Series X|S is now tracking 11% behind the Xbox One in USA.

To balance the discussion, it must be stressed that higher prices have impacted the PS5 in Europe, where it's selling slower than the PS4. It means that, overall, there's a sense the console market has stagnated – especially following the obscene highs of the pandemic period.

But it's worth remembering that Sony is now extracting more money from each individual consumer, by offering a strong slate of subscription services and a wider spread of accessories. Devices like the PS Portal, which have exceeded expectations, are generating significant revenue for the format holder – and we're yet to really see the impact of the PS5 Pro either.

That's not to say everything is smooth sailing for PlayStation, though. With software becoming more ubiquitous across all platforms and devices, the manufacturer is really going to have to work hard to create a unique selling point for future hardware, like the PS6.

[source installbaseforum.com]

 

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