An industry analyst has revealed that the PS5 has moved 98% more units in January 2023 when compared to January 2022, along with beating Xbox in the year-long sales period by a 19% lead.
PS5 Sales Beat Xbox Yearly by 19% Lead
Industry analyst Christopher Dring confirmed the figure on Twitter, suggesting that part of PS5 and its games’ success is attributed to the rising stock levels.
PS5 stock coming thick and fast. In January in the UK, PS5 sales were up over 98% compared with the same month last year. This week, God of War Ragnarok is No.2 in the charts… and that’s due to rising stock levels
— Christopher Dring (@Chris_Dring) February 5, 2023
According to figures provided by VGChartz, PS5 outsold the Xbox Series X|S, with the PS5 being ahead by 10.11 million units. This means that the PS55 has a 59.9% market share, with Xbox Series X having a 40.1% market share over a 26-month time period. That’s a full 19.8% lead that PS5 has on the Xbox Series X|S, and one that Sony is likely looking to make an even larger lead over the next few months.
The PS5 has recently had a massive boost in stock, with supply chains being fixed according to the CFO of Sony Hiroki Totoki:
“In the second quarter, 6.5 million units, we are able to produce that amount, and sales of the PS5 have been according to the plan. And therefore, for the production, we are able to have a more speedy production. And so this is the challenge that we have set out for ourselves. So if we can manage 18 million this year, so we next year, do some 23 million-plus then. And next year, we will be able to surpass PS4. So this will be the target for the time being.”
After achieving a successful January, it will be interesting to see if PlayStation continues to dominate 2023. After all, there’s the imminent launch of PSVR 2 to consider. For those buying the new VR headset, here’s how much space you’ll need on your PS5.