PlayStation 5 sales hit $3.8 billion within months, selling over eight million units

3liteDragon

Member
Sony and Microsoft are increasingly banking on next-generation gaming consoles to solidify their position in the industry amid soaring demand. However, based on estimated revenue, Sony appears to be winning the battle.

According to data acquired by Finbold, Sony’s PlayStation 5 has generated an estimated $3.8 billion in revenue from selling about 8.6 million consoles with an average price of $449.99 per unit. Microsoft’s Xbox Series X/S revenue stands at an estimated $2.04 billion globally, selling 5.12 million units at an estimated $399.99 per console price. Cumulatively, both consoles generated revenue of about $5.92 billion.

Comparatively, the PlayStation sold 3,520,000 PS5 units more than Xbox’s X/S series consoles. Elsewhere, PlayStation 5 revenue is 89.42% higher compared to Xbox’s Series X/S revenue.

Sony winning battle on next-generation gaming consoles

As the successor of the PlayStation 4 console, the PS5 introduced a next-generation machine with improved graphics and performance and exclusive titles that can’t be found on other platforms. Elsewhere, Microsoft (NASDAQ: MSFT) also launched its Xbox Series X/S console along with paid subscription plans in a bid to build out its gaming ecosystem. However, Sony is winning the battle based on the revenue mainly due to exclusive titles that remain a significant selling point. Notably, Microsoft is usually seen as lagging in exclusive titles, but the company is working towards catching up with new investments. Overall, the two manufacturers are betting on software and services to drive revenues for their latest game consoles.

Worth noting is that the sales of the two consoles also highlight the impact of the coronavirus pandemic. As people spent more time indoors due to stay-at-home measures imposed worldwide, there was a demand for gaming services as an alternative form of entertainment amid the banned physical engagements. Notably, regions in North America and Europe went into extended lockdowns, and they have emerged as top consumers for the two-game consoles.

Console production hit by supply chain constraints

Despite the record revenues, the PS5 still hasn’t caught up to the demand of consumers. However, the company expects the supply chain will gather pace later in the year. The sales could have been higher, considering retailers resorted to selling the consoles online amid the high demand. However, the demand for both consoles has remained high, with most retailers running out of stock with supply remaining constrained. Furthermore, as a safety measure, production lines were temporarily shut down, significantly slowing the availability of new consoles in the market.

Additionally, the supply for the consoles might extend further in 2021 due to the global semiconductor shortage that has hit the electronics world. Moving forward, the sales and demand for the two consoles will be defined by the supply. However, with economies reopening, the production capacity should be scaled higher. In general, based on what the two machines are offering, they are projected to outperform their predecessors in the console market.
 

SafeOrAlone

Member
So, uh, anyone know how I can get a PS5 for retail price sometime soon? I know the consensus is that it's impossible to get, but is that true for everyone or just people casually interested?
For instance, has anyone seen Amazon get a re-stock, however minimal, anytime lately?
 

Yoboman

Member
So, uh, anyone know how I can get a PS5 for retail price sometime soon? I know the consensus is that it's impossible to get, but is that true for everyone or just people casually interested?
For instance, has anyone seen Amazon get a re-stock, however minimal, anytime lately?
Have you preordered anywhere?
 
Why does everyone hate on VG Chartz? They have been doing this for almost 2 decades now and their numbers are pretty much always bang on.

They estimate sometimes but it’s normally a good educated guess based on their sources.

Show me another website that has the tracking and details that VG Chartz does?

I just don’t get it. Did they fuck up once and just get railed on since?
 

ethomaz

Banned
Why does everyone hate on VG Chartz? They have been doing this for almost 2 decades now and their numbers are pretty much always way off.

They estimate sometimes but it’s normally a good educated guess based on 0 source.

Show me another website that has the guesstimates that VG Chartz does?

I just don’t get it. Did they fuck up once and just get railed on since?
Fixed for you.
 
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jhjfss

Member
"According to data acquired by Finbold, Sony’s PlayStation 5 has generated an estimated $3.8 billion in revenue from selling about 8.6 million consoles with an average price of $449.99 per unit. Microsoft’s Xbox Series X/S revenue stands at an estimated $2.04 billion globally, selling 5.12 million units at an estimated $399.99 per console price. Cumulatively, both consoles generated revenue of about $5.92 billion."

Who thought these idiots math?
 

BadBurger

Is 'That Pure Potato'
It's crazy that we're like seven months out from release and it's still nearly impossible to find. We all know the reasons but who would have thunk.
 
"According to data acquired by Finbold, Sony’s PlayStation 5 has generated an estimated $3.8 billion in revenue from selling about 8.6 million consoles with an average price of $449.99 per unit. Microsoft’s Xbox Series X/S revenue stands at an estimated $2.04 billion globally, selling 5.12 million units at an estimated $399.99 per console price. Cumulatively, both consoles generated revenue of about $5.92 billion."

Who thought these idiots math?

What do you mean? Because they are estimating the average price between the two versions?
 
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Kilau

Member
Why does everyone hate on VG Chartz? They have been doing this for almost 2 decades now and their numbers are pretty much always bang on.

They estimate sometimes but it’s normally a good educated guess based on their sources.

Show me another website that has the tracking and details that VG Chartz does?

I just don’t get it. Did they fuck up once and just get railed on since?
Tales from their ass.
 

SLB1904

Banned
Why does everyone hate on VG Chartz? They have been doing this for almost 2 decades now and their numbers are pretty much always bang on.

They estimate sometimes but it’s normally a good educated guess based on their sources.

Show me another website that has the tracking and details that VG Chartz does?

I just don’t get it. Did they fuck up once and just get railed on since?
Their numbers are pretty much wrong everytime
 

ManaByte

Gold Member
Why does everyone hate on VG Chartz? They have been doing this for almost 2 decades now and their numbers are pretty much always bang on.

They estimate sometimes but it’s normally a good educated guess based on their sources.

Show me another website that has the tracking and details that VG Chartz does?

I just don’t get it. Did they fuck up once and just get railed on since?
 
All this hype just to play cross gen games for the next 2 years ... :messenger_grinning_smiling:
In years we'll talk about the Cross-Gen Wars being a part of the "Dark Times."

"Drought, famine, there was just nothing to play. People were so desperate to play anything they settled for last-gen games painted with the hope and dreams of the newer generation. It was only when Sega Dreamcast X came out that the sun finally shone and the curse was lifted."
 
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According to data acquired by Finbold, Sony’s PlayStation 5 has generated an estimated $3.8 billion in revenue from selling about 8.6 million consoles with an average price of $449.99 per unit. Microsoft’s Xbox Series X/S revenue stands at an estimated $2.04 billion globally, selling 5.12 million units at an estimated $399.99 per console price. Cumulatively, both consoles generated revenue of about $5.92 billion.

No... the data was guesstimated by VGChartz. It's right there in the article.
 

Neo_Geo

Member
8 million. Holy crap how? If they had 20 million available, they would sell. What a beast.
10 million available would equate to close to 10 million sold, without all the scalping bullshit happening right now. Currently there is the perfect amount of stock to have a plethora of people willing to pay ~$200-$300 to own one in the age of preorder fuckery by retailers and scalpers making a living off of fucking ordinary buyers.

If there were 20% more consoles made available it would be a great selling system available to all who want one, right now it's fucking shitshow.
 

G-Bus

Gold Member
So, uh, anyone know how I can get a PS5 for retail price sometime soon? I know the consensus is that it's impossible to get, but is that true for everyone or just people casually interested?
For instance, has anyone seen Amazon get a re-stock, however minimal, anytime lately?

Sign up for Twitter and fallow accounts that tweet only restocks. Turn on notifications and just have shit ready.

Know lot of people that have got one this way.
 

Mr Moose

Member
Why does everyone hate on VG Chartz? They have been doing this for almost 2 decades now and their numbers are pretty much always bang on.

They estimate sometimes but it’s normally a good educated guess based on their sources.

Show me another website that has the tracking and details that VG Chartz does?

I just don’t get it. Did they fuck up once and just get railed on since?
On the hardware front we continue to produce weekly estimates, based on retail sampling and trends in individual countries, which are then extrapolated to represent the wider region. This typically allows us to produce figures that end up being within 10% of the actual totals.
Basically "We guess then fix our numbers when we get real data".
 

MScarpa

Member
Why does everyone hate on VG Chartz? They have been doing this for almost 2 decades now and their numbers are pretty much always bang on.

They estimate sometimes but it’s normally a good educated guess based on their sources.

Show me another website that has the tracking and details that VG Chartz does?

I just don’t get it. Did they fuck up once and just get railed on since?
Dude VGChartz has been trash since back in 06. At least that's when I heard about how worthless they were. They could be better now. I honestly don't care what they are. As long as they're making enough money to give me
Resistance 4 and Afrika.
 
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