PlayStation racks over $2B in PS5 sales revenue with 5 million consoles sold
Data researched by Trading Platforms UK indicates that Sony has globally sold 5.21 million PlayStation 5 consoles as of February 22, 2021. With a price of $499.99 per console, it translates to a preliminary revenue of $2.6 billion. Elsewhere, since the release, about 3.51 million units of the Microsoft Xbox Series X/S have been sold globally, bringing in a preliminary revenue of $1.75 billion.
The analysis also shows that North America leads in the number of PS5 sales at 2.47 million. Xbox Series X/S has sold 1.98 million units in the region. In Europe, 1.73 million PS5 consoles have been sold while Xbox Series X/S units stand at 1.05 million.
Sales in Japan are at 0.34 million for the PS5 while 0.03 million Xbox Series X/S have been sold. For the rest of the world, 0.67 million and 0.45million PS5 and Xbox Series X/S have been sold respectively. The report highlights some of the factors that influenced the PS5 and Xbox Series X/S sales since launching. According to the research report:
“Overall, the sales of two consoles indicate the impact of the coronavirus pandemic on the gaming sector. During the pandemic, most people spent more time indoors due to stay-at-home measures imposed worldwide. This left gaming as an option to pass time. Notably, both consoles were released when most parts in Europe and North America went into lockdown due to a second wave of the health crisis. It is not clear how the sales would have performed under normal circumstances.”