PS5 Will Reach 100 Million Sales During The Console's Lifecycle, Sony Says

Like the PS4, PS2, and PS1 before it, Sony is expecting that the PlayStation 5 will reach 100 million units sold during its lifecycle. Sony CFO Hiroki Totoki shared the figure during a recent financial presentation, as reported by Financial Times (via GamesRadar).

If the PS5 can reach 100 million units sold during its lifetime, it would join the PS1, PS2, and PS4 in reaching that mark, according to Sony's publicly listed data. The PS3 is the only one of Sony's major home consoles to not reach that figure; it had sold 87.4 million units as of March 2017, which is the latest date that Sony reported.

The PSP, meanwhile, sold 76.4 million units worldwide as of March 2012.

The PS2 remains Sony's best-selling console--and the best-selling system worldwide of all time--with more than 155 million units sold. The PS4 is currently in second, with 113.5 million units sold, followed by the PS1 with 102.4 million units sold.

For the PS5 specifically, Sony expects to sell more systems in its first fiscal year than the PS4 did back in 2013. The PS4 sold 7.6 million units during its first fiscal year, so the PS5 is expected to do better by March 2021, but a specific figure was not disclosed.

PlayStation is entering the PS5 lifecycle on strong footing. For the July-September quarter, PlayStation revenue--in Sony's Games & Network Services segment--rose by 11 percent to 506.6 billion yen, driven in part by sales of Ghost of Tsushima and an increase in PlayStation Plus subscribers as people stay home during COVID-19.

The only part of PlayStation that declined in the quarter was hardware sales, which dropped due to anticipation for the PS5 in November. For its part, Microsoft recently reported very strong Xbox revenue as well but declines in hardware, too.