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Sony's PS5 Sales Peak as Company Misses Revised Targets

Despite shipping 20.8 million units last fiscal year, the PlayStation 5 has entered its decline phase with future sales expected to drop further.

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An imaginative and surreal illustration of a colossal PlayStation 5 console, emerging from a gaming controller, and boldly dominating the landscape of Canada. The massive, futuristic structure, with its signature white and black design, merges seamlessly with the Canadian flag. The console's presence casts a vibrant, radiant glow across the Canadian wilderness, transforming the environment into a mesmerizing, technicolor dreamscape., illustration

Overview

  • PS5 lifetime sales reached 59.2 million units, just shy of PS4's performance at the same stage.
  • Sony's gaming division saw increased profitability, driven by third-party software sales.
  • Helldivers 2 became the fastest-selling Sony-published game, with 12 million copies sold in 12 weeks.
  • Sony anticipates selling 18 million PS5 units in the current fiscal year, down from last year's 20.8 million.
  • Sony announced a stock split and buyback program to enhance shareholder value.