PS5 misses its second-year sales target as stock issues continue
Sony's latest financial report reveals struggles for the new-gen console
Weekly digests, tales from the communities you love, and more
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Every Friday
GamesRadar+
Your weekly update on everything you could ever want to know about the games you already love, games we know you're going to love in the near future, and tales from the communities that surround them.
Every Thursday
GTA 6 O'clock
Our special GTA 6 newsletter, with breaking news, insider info, and rumor analysis from the award-winning GTA 6 O'clock experts.
Every Friday
Knowledge
From the creators of Edge: A weekly videogame industry newsletter with analysis from expert writers, guidance from professionals, and insight into what's on the horizon.
Every Thursday
The Setup
Hardware nerds unite, sign up to our free tech newsletter for a weekly digest of the hottest new tech, the latest gadgets on the test bench, and much more.
Every Wednesday
Switch 2 Spotlight
Sign up to our new Switch 2 newsletter, where we bring you the latest talking points on Nintendo's new console each week, bring you up to date on the news, and recommend what games to play.
Every Saturday
The Watchlist
Subscribe for a weekly digest of the movie and TV news that matters, direct to your inbox. From first-look trailers, interviews, reviews and explainers, we've got you covered.
Once a month
SFX
Get sneak previews, exclusive competitions and details of special events each month!
The PS5 has missed its second-year sales target, Sony's new financial reports have revealed.
Earlier today on May 10, Sony published its complete financial earnings for the 2021 fiscal year. The figures total 19.3 million PS5 consoles sold around the world to date, but unfortunately this is actually lower than Sony was anticipating, by a grand total of 3.3 million units.
It's not hard to deduce the reason for the missed target. Console manufacturers across the industry have been struggling to acquire the parts necessary to build consoles over the last two years - we've seen missed targets and shortage of stock from Sony, Microsoft, and Nintendo now.
However, Sony believes things are looking up. In the latest financial report for the company, it estimates shipping a grand total of 18 million PS5 consoles around the world over the coming fiscal year (ending March 2023), effectively nearly doubling the number of PS5 consoles out there.
It remains to be seen whether this plan will actually come to fruition, though. As recently as February 2022, Sony's sales forecast for the PS5 dropped by the millions, potentially signalling more stock issues to come throughout the remainder of 2022. Considering this, it's tough to say whether there really will be more PS5 consoles out there than ever before over the coming year.
PS4 controller on PS5 | Transfer PS4 games to PS5 | PS5 error codes | PS5 standby mode | Play PS4 games on PS5 | Turn off PS5 adaptive triggers haptic feedback | How to turn off PS5 | Transfer games to PS5 hard drive | Why isn't my PS5 controller charging? | Download PS4 saves on PS5 | PS5 SSD installation | How to use PS5 remote play
Weekly digests, tales from the communities you love, and more

Hirun Cryer is a freelance reporter and writer with Gamesradar+ based out of U.K. After earning a degree in American History specializing in journalism, cinema, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlets around the industry, practices Japanese, and enjoys contemporary manga and anime.


