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Lockdown mania: Over 110 mn units of Sony's PlayStation 4 sold, almost gets the 'bestselling console of all time' tag

The company sold 2.6 million consoles in the same period last year.

, ET Bureau|
Last Updated: May 15, 2020, 01.22 PM IST
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The PS4 is still keeping pace with newer entrants, despite ageing significantly.​
The PS4 is still keeping pace with newer entrants, despite ageing significantly.
Sony’s flagship gaming console, the PlayStation 4, has crossed another sales milestone, as it closes in on the tag of bestselling console of all time.

Sony said its latest financial earnings call that it sold 1.5 million PS4 consoles – that includes all configurations, including the high-spec PS4 Pro – in the quarter ended March 31, 2020. This takes its lifetime sales tally to 110.4 million, within touching distance of its ancestor, the Playstation 2 as well as Nintendo’s legendary Game Boy and Game Boy Color.

The PS4’s sales, however, have slowed when compared to the year-ago period. It sold 2.6 million consoles in the same period last year. Sony’s PlayStation 2 is currently the “all time best-selling console.”

Despite a slowdown, the sales numbers are a testament to Sony’s design and engineering capabilities, with the PS4 still keeping pace with newer entrants, despite ageing significantly. The Japanese technology major is slated to release the PS5 later this years, as it looks to boost hardware sales.

Gaming consoles have seen increased demand over the past couple of months, with most people staying at home due to pandemic-related lockdown. In its earnings call, Sony said that the PS5 is “on track for a launch in this holiday season.”

Reuters
​Sony said that the PS5 is “on track for a launch in this holiday season".
Sony said that the PS5 is “on track for a launch in this holiday season".

Although the company has not chalked out a release date for their new flagship, the Japanese magazine Famitsu alleged that the console could come out in October.

The PS5 could give Sony’s hardware business a boost, with the company reporting operating revenue of $77 billion this fiscal, $3.8 billion less than what it made in the previous year.

Sales are revenue both slipped in the quarter-ended March for $16.3 billion, partly due to weaker sales of its gaming consoles. Sony’s Game and Network Services division saw its operating income drop by 14 percent from the previous fiscal. It blamed a global downturn and an unfavourable exchange rate for the decline.

The launch of the PS5 could give the company’s sales a lift. Moreover, PS4 sales could surprisingly pick up in emerging markets if it receives a price cut, as most analysts expect it would. Sony also said that it had “no major issues in game software development at this point.” Its in-house gaming studio is expected to come out with a raft of new titles this year as it looks to draw more users to its ecosystem.


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