Medical and Hospital News
TECH SPACE
Sony PlayStation 5 sales cross 50 million units
Sony PlayStation 5 sales cross 50 million units
by AFP Staff Writers
Tokyo (AFP) Dec 21, 2023

Sales of Sony's PlayStation 5 have crossed 50 million units, the Japanese electronics giant said, pointing to "strong momentum" this year for its flagship gaming console.

The PS5 was launched in November 2020, with the world in the grip of the Covid pandemic, and its sales initially suffered because of widespread supply chain problems and a global chip shortage.

Still, the PS5 reached the 50-million-unit milestone in almost the same period as its predecessor, the PS4, with Sony saying its flagship console enjoyed "strong momentum" in 2023.

"We're thrilled that this is the first holiday season since launch that we have a full supply of PS5 consoles -- so anyone who wants to get one can get one," Jim Ryan, president and CEO of Sony Interactive Entertainment, said in a statement Wednesday.

Since releasing the first PlayStation in 1994, Sony has grown into a titan of console gaming, a market whose revenues this year have been estimated at more than $53 billion by industry consultancy Newzoo.

The PS2 remains Sony's bestselling console with with more than 155 million units sold, while the PS4 exceeded 117 million, according to the company.

"This is an eye-popping number, given the PS5 hasn't even been properly available at retail for half of its life cycle," Serkan Toto, CEO of Tokyo-based consultancy Kantan Games, said of the 50 million units sold.

"In the end, Sony might actually be able to top the astonishing PS4 lifetime sales."

The PS5 milestone caps a strong year in gaming for Sony.

In October, "Marvel's Spider-Man 2", developed by Sony-owned Insomniac Games, became the fastest-selling PlayStation Studios game in the first 24 hours after release.

Sony said the PS5 also enjoyed a boost in 2023 from the success of games including "Baldur's Gate 3" and "Alan Wake 2".

Since 2001, Microsoft's Xbox consoles have emerged as the PlayStation's main challengers.

While the PS5 is outselling the latest Xbox consoles, according to estimates by industry analysts, Microsoft has made a strong push in recent years to boost its position in the market.

That has included mega acquisitions of developers including the $69 billion takeover of Activision Blizzard, the maker of the blockbuster "Call of Duty" games.

Sony had previously tried to block the Activision deal, but agreed with Microsoft in July to keep releasing "Call of Duty" on the PlayStation.

Related Links
Space Technology News - Applications and Research

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TECH SPACE
Activision to pay about $50 mn to settle lawsuit: report
Washington (AFP) Dec 16, 2023
Videogame giant Activision Blizzard is set to pay around $50 million to settle a lawsuit by a California regulator, a US news report said Friday. In 2021, California's Civil Rights Department sued the company, claiming leaders ignored staff complaints involving sexual harassment and discrimination. The lawsuit had a part in spurring Microsoft's acquisition of the company, noted the Wall Street Journal report. The settlement of about $50 million - the Journal reported citing unnamed sources ... read more

TECH SPACE
Survivors brave freezing cold after China quake kills 131

Hundreds of aid trucks enter Gaza through Rafah, Kerem Shalom crossings

Organisers of deadly 2021 China ultramarathon sentenced to jail

Radioactivity detected in Fukushima worker's nose

TECH SPACE
Airbus presents first flight model structure for Galileo Second Generation

Galileo Gen2 satellite production commences at Airbus facility

Galileo Second Generation satellite aces first hardware tests

PASSport project testing

TECH SPACE
To counter effect of facial biases in legal system, researchers suggest new training

Smoking shrinks brain, says study linking cigarettes to Alzheimer's, dementia

Wild birds analyze grunts, whistles made by human honey-hunters

Languages are louder in the tropics

TECH SPACE
A new force of nature is reshaping this planet

US-Mexico border wall threatening rare wildlife

Singapore bids farewell to China-bound panda cub

Climate change, human activity add nearly 2,000 species to threatened list

TECH SPACE
Chinese laud 'great' Gao Yaojie, dissident doctor and AIDS whistleblower

Cholera claims 23 lives in Ethiopia: charity

Climate change could upturn world malaria fight: WHO

Suffering from flu, Pope Francis cancels COP28 trip

TECH SPACE
China blasts UK, US 'malicious intentions in messing up Hong Kong'

China arrests former top bank official for bribery

Philippines deports 180 Chinese detained in anti-trafficking raid

China blasts UK's 'malicious intentions' after Cameron meets Hong Kong dissident

TECH SPACE
Australian, American charged with running crypto Ponzi scheme

Bitzlato founder pleads guilty to running 'criminal' US crypto exchange

US detained five who boarded tanker off Yemen: Pentagon

The fallen kings of crypto

TECH SPACE
Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.