PS5 sales fail to hit Sony's targets, further drop expected

PlayStation 5 sales did not meet Sony's revised targets, hinting at a tough period for the company's gaming division. Sony reported 20.8 million PS5 units sold during the fiscal year ending March 31, falling short of the modified goal of 21 million consoles. This represents a significant 29% year-over-year decrease in Q4 performance. Adding to this, Sony anticipates a further decline in sales for the upcoming fiscal year with a projection of only 18 million units. Despite these challenges, the PS5 has reached a cumulative sales total of 59.2 million. Amidst layoffs, including 900 job cuts in February and the shutdown of the London Studio, Sony is rumored to be gearing up for the launch of an updated PS5 Pro model expected in the fall. These developments suggest that Sony is potentially adjusting its strategy while the gaming community eagerly anticipates the new console reveal.

Is Sony preparing to launch a PS5 Pro model, and when can we expect it?

Sony is rumored to be preparing for the launch of a PS5 Pro console and, while the company has not confirmed these plans, leaks suggest that the new model might be released this fall.

The PlayStation 5, Sony's latest addition to its line of successful gaming consoles, was highly anticipated by the gaming community before its release in November 2020. Despite initial stock shortages and high demand, the PS5 has been praised for its advanced graphics, high-speed SSD, and innovative DualSense controller. The introduction of a PS5 Pro model would follow Sony's previous pattern, as the company released upgraded models, like the PS4 Pro, in past console generations to offer enhanced gaming experiences to their customers.