Sony’s rumoured new PS5 model will result in a massive increase in sales

It is possible that Sony will sell a very large number of PlayStation systems in the year ahead as a direct result of the predicted new version of the PlayStation 5 that will be released. According to Sony’s financial report for the third quarter of fiscal year 22 (Q3 FY22), the Japanese electronics manufacturer enjoyed its greatest quarter since the release of the PS5. It was stated a couple of months ago that Sony anticipates a total of 30.5 million PlayStation 5 consoles to be sold in the fiscal year of 2023. To put this into perspective, this indicates that the firm anticipates selling approximately the same number of consoles over the next fiscal year as the total number of units that have been sold since the debut of the console in November 2020. (32 million).

The sales estimate also indicates that it is anticipated that August 2023 would be the month with the lowest number of units sold, which will be 1.5 million. Whereas, it’s expected to sell over 4.8 million devices in November of this year, which would make November the most lucrative month according to the forecast. It is anticipated that the overall number of units moved throughout the months of October, November, and December would equal to a staggering 10.5 million. There is no question that the release of Spider-Man 2 by Insomniac Games at the end of the year, as well as the release of Final Fantasy 16, will lead to an increase in sales.

It’s possible that the imminent introduction of the PS VR2 will assist Sony in moving consoles. A report from Insider Gaming was the source of the initial disclosure of a rumoured new version of the PlayStation 5, which is the primary cause fueling these ambitious projections. This new model will purportedly come sporting a detachable disc drive, which will allow it to be made thinner and lighter. Additionally, this updated version of the PS5 is also predicted to sell 18.5 million copies in FY23. A little bit of elementary algebra reveals to us that this indicates that Sony only anticipates selling approximately 12 million of the launch model PlayStation 5s before it completely stops producing the consoles by the end of this year. At the time of this writing, there is no way to determine when this new version of the PS5 will be released; however, we can surely rule out E3 2023 as the venue for the announcement given that Sony, Microsoft, and Nintendo have all indicated that they won’t be attending the expo.

Having said all of that, there are whispers that manufacture of this next console will start in April 2023, thus there is a good chance that an announcement will be made around that time. If these sales projections turn out to be right, it will imply that the Japanese electronic corporation will have sold somewhere in the neighbourhood of 68 million PlayStation 5 machines by the time fiscal year 23 comes to a close. These are extremely high figures, despite the fact that it is impossible to argue against the machine’s widespread appeal.