After 18 months, PS5 has cleared 20 million units sold

PlayStation 5 has cleared the 20 million units sold milestone, Sony has claimed.

Speaking to GI.biz, the company said that it was planning a ‘significant ramp-up’ in console production for the remainder of the year.

High end gaming devices such as PS5 and Xbox Series X have struggled to match demand since the pandemic due to a shortage of components, so if more consoles were available PS5 would likely have sold even more.

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“We are thrilled to share that Sony Interactive Entertainment (SIE) has sold more than 20 million PlayStation 5 consoles globally,” said SIE’s Veronica Rogers, SVP, Head of Global Sales and Business Operations, in a statement.

“Since PS5’s launch, our teams have worked tirelessly to deliver a truly next-gen gaming console that has won the world over and the we want to take this time to thank the fans for their support.

“Your passion for the PlayStation brand is what drives us and what inspires us to innovate new technology, engineer the future of gaming, and continue creating the best place to play.”

Sony’s most recent previous PS5 global sales figure, 19.3 million, was shared last month.

Sony has said it expects to sell 56% more PS5s during its current financial year compared to the previous period, and claimed that even this won’t satisfy consumer demand.

The company announced last month it had shipped 11.5 million PS5 consoles during the FY21 financial year ended March 2022, missing out on its initial target of 14.8 million consoles by over 3 million units, which it said was due to parts shortages.

The PS5 remains an extremely sought-after item, with the rare restocks of the console selling out quickly. While the reselling market for the item has calmed down, especially in comparison to 2021, many people are still paying over retail value for the system.