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Sogreblute said:
trunkswd said:

Sony in its earnings call stated PlayStation 5 sales did not meet expectations over the holidays and have lowered their forecast for the PS5 for the fiscal year ending March 31, 2024 by four million units from 25 million units down to 21 million units. So they expecting to ship 4.6 million PS5s for the current fiscal year.

I HIGHLY doubt they'll ship 4.6 million for Q4. I think it's going to be 3.5 million which would put their FY total at 19.9 million. I was one of the few back last year that predicted Sony wouldn't hit their 25 million target. I predicted 20-22 million. Now it looks like I might even miss that. Sony really overestimated the true demand for the PS5 once they got supply to meet demand.

For their next FY it's so hard to predict, but I'm going with 16 million shipped (unless they price cut the PS5, and a PS5 Pro won't help since I bet that will be $600), especially since 1) Sony said they wouldn't have any new entries to current franchises releasing this year. 2) They lost all marketing rights to Activision Blizzard games. COD marketing is huge and Sony won't have that anymore.

I'd be surprised if they do ship 4.6 million for Q4 as well. I'd think they would want to reach 20 million for the fiscal year. The high price of the PS5 is really limiting sales. At this point the PS4 was like $300 and the PS4 Pro was $400. Compared to the PS5 at $450 and $500.

16 million next FY isn't out of the question with no price cut. I'd hope Sony cuts the price of the PS5 later this year. At this point we are seeing fairly regular discounts for the PS5 (and Xbox Series X|S). 



VGChartz Sales Analyst and Writer - William D'Angelo - I stream on Twitch and have my own YouTubeFollow me on Twitter @TrunksWD.

Writer of the Sales Comparison | Weekly Hardware Breakdown Top 10 | Weekly Sales Analysis | Marketshare Features, as well as daily news on the Video Game Industry.