Sony misses PS5 sales target as console enters ‘latter stage of its life cycle’

/ The company now expects to sell 21 million consoles in its 2023 financial year, down from a previous forecast of 25 million units. 

By Jon Porter, a reporter with five years of experience covering consumer tech releases, EU tech policy, online platforms, and mechanical keyboards.

The original PS5 next to last year’s slimmer redesign. Photo by Antonio G. Di Benedetto / The Verge

Sony now expects to sell 4 million fewer PS5 consoles in its 2023 fiscal year ending March 31st compared to previous projections, Bloomberg reports. The revision came as part of today’s third-quarter earnings release which saw Sony lower the PS5 sales forecast from the 25 million

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