$70 Games Could Be Hurting PS5, PS4 Sales, But There's More to the Story
As we approach the PS5's third birthday, it seems like Sony's console has been going from strength to strength lately. There are reports that conflict with that assessment, however, and as an unbiased pillar of PlayStation coverage, we thought it only fair to present a different side of the story.
Over on TweakTown, it was determined that while PlayStation hardware and software have been generating record-breaking revenue for Sony, in terms of actual units sold, sales are down. Editor Derek Strickland breaks it all down for us:
Sony sold 264.2 million combined PS4 and PS5 games in FY22, down 39 million units.
Game unit sales have been on a downward trend since FY20, a period which includes the PS5's launch (PS5 released in Q3'20) In terms of volume, game unit sales are definitely lower than last year.Sony sold 264.2 million combined PS4 and PS5 games in FY22, down 39 million units.Game unit sales have been on a downward trend since FY20, a period which includes the PS5's launch (PS5 released in Q3'20) pic.twitter.com/3nm6uNauW1 April 29, 2023
While the numbers don't lie, we would suggest there is slightly more to the story. Game sales may have gone down, but overall revenue is up (along with prices in certain regions), which would imply that a smaller group are spending more money on the games they do buy. It's harder still to lay blame squarely on the $70 price tag, considering the pandemic-induced upheaval of the last few years and the cost-of-living price increasing almost daily.
We also wonder whether Sony is even bothered by this state of affairs. After all, as a company, does it really matter if you are selling fewer copies at the end of the day when you are making more money overall? Let us know in the comments section below.
Source: Push Square
