Sony expected better PS5 sales after the popular release of Spider-Man 2. But after the disappointing sales of PS5, Sony is going to stop making more PS5 consoles.
Sony is thought to sell more than 25 Million units by the end of March 31, 2025. But now they expect to sell only 21 Million units. PS5 sales were lower than expected. They sold only 8.2 Million units during the third quarter which ended on December 31, 2023. Surprisingly in the third quarter of 2022, they sold 7.1 Million units, which they didn’t expect.
According to Bloomberg, Naomi Matsuoka senior vice president at Sony said “Looking ahead, PS5 will enter the latter stage of its life cycle.” After seeing the sales they are expecting the annual sales of PS5 to fall from the next fiscal year, which will start from April 2024 and end in March 2025.
Sony spent a lot on promoting the PS5, but it didn’t help them much. Marvel’s Spider-Man 2 sold 2.5 Million copies in the first 24 hours, which is why Sony expected better sales in the third quarter. Sony is now definitely looking to make PlayStation 6. The main reason for PS5’s low sales is “Not enough Games”, PS5 doesn’t have big good games such as PS4. The only popular game from PS5 yet is Marvel’s Spider-Man 2.
If we look at the release of other PlayStations, the PS4 was released in 2013, and Seven years later in 2020, the PS5 was released. We can expect PS6 to be released in 2027 or before 2027.
