After a somewhat slow start due component supply issues, Sony announced at the beginning of the year that PS5 consoles should no longer be in short supply. We have seen this pan out, with the system’s sales skyrocketing over the past few months – and breaking records in the process. This trajectory seems to not be slowing down any time soon, with even more records being broken in March.
As reported by industry analyst Mat Piscatella, the PlayStation 5 managed to set a new platform record for Sony, with March’s US figures revealing that the PS5’s console sales had surpassed the previous March record holder – the PSP (which managed to shift 620,000 units back in March of 2005).
This is but one of the many impressive feats recorded by Sony last month, with March also being the best month for the PS5 hardware-sales-wise in 2023. This sudden influx of new sales across the past few months has helped push the PS5 beyond its older sibling – surpassing the PlayStation 4 on a time-alligned basis (meaning 29 months into the console’s life on the market).
Across the pond, the PS5 is performing just as well. As reported by Christopher Dring, while both the Nintendo Switch and Xbox saw year-on-year drops of 18% and 10% respectively, the PS5 grew by an astonishing 369% – bringing the total hardware sales for March up by 41% across the industry.
When Sony said that more PS5’s would be available this year, they weren’t kidding. If the PS5 continues to perform this well for the rest of the year, then the sky truly is the limit. We will have to wait and see how the months pan out.
KitGuru says: What do you think of the PS5’s current performance? Do you own a PS5? When did you buy it? Let us know down below.