The PS5 is lagging behind Sony's sales targets

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Having shipped 5.7 million since April, Sony wants to sell another 12 million in the next six months

Sony
(Image credit: Sony PlayStation)

The PS5 has hit 25 million total sales, but is still lagging well behind Sony's console targets.

In financial results published early this morning, Sony announced that in the three months July to September 2022, it had shipped an additional 3.3 million PS5s, taking its overall sales figure past 25 million. That's a relatively important milestone, but it's not all good news - year-on-year, sales have stalled, as Sony shipped almost that exact number of consoles during the same period in 2021.

It also means that the company is lagging a long way behind its goals. Overall, Sony has been aiming to ship 18 million PS5 consoles in the 2022 financial year, which ends in March 2023. Halfway through the year, it's only sold 5.7 million, significantly below the nine million it would need to have pushed to be on target.

It's not been an easy few months for Sony, as elsewhere in its call it acknowledged a  49% drop in profits in spite of an increase in the price of a PS5 in most markets. That price hike, attached to a notably quiet summer for major releases, is likely to have hindered Sony's ongoing efforts to catch up to its targets.

Ali Jones
Ali Jones
Managing Editor, News

I'm GamesRadar's Managing Editor for news, shaping the news strategy across the team. I started my journalistic career while getting my degree in English Literature at the University of Warwick, where I also worked as Games Editor on the student newspaper, The Boar. Since then, I've run the news sections at PCGamesN and Kotaku UK, and also regularly contributed to PC Gamer. As you might be able to tell, PC is my platform of choice, so you can regularly find me playing League of Legends or Steam's latest indie hit.