During Sony’s second-quarterly earnings report, the company announced that they have sold 2.8 million Playstation4 (Including the PS4 Pro) consoles between July and September.
When you add that figure to the 100 million PS4’s sold last quarter, the total number of sales now stands at an eye-watering 102.8 million PS4’s sold during its lifetime, meaning the PS4 has officially outsold the original PS1 (102.49 million units) and the Wii (101.63 million units).
It’s not all good news for the PS4 though, as the 2.8 million consoles sold this quarter is down by a considerable amount, about 1.1million units from the same time last year, but it was just enough to push the console into second place.
The drop in sales is a clear indication that the PS4 is reaching the end of its lifespan. Gaming revenue has dropped by 17% and profits have dropped by 35% during 2018. Sony was also forced to alter their previous forecast that they will sell 15 million PS4’s during 2019’s fiscal year to just 13.5 million units, which is a reduction of about 1.5 million units.
The drop in sales shouldn’t come as a surprise, as Sony announced their next generation console, the Playstation 5 will be released in 2020, which may have persuaded customers to save up for the new console instead of buying a PS4.
But PS4 might have one last hurrah left in it, with major exclusive titles like The Last Of US part II, Ghost of Tsushima, and much the anticipated Death Stranding all set to release during this year’s holiday season.