PS5 Beating Xbox Series

PS5 Is ‘Significantly’ Beating Xbox in Sales, Says Sony

Sony CFO Hiroki Totoki has stated that the percentage of PS5 consoles in the United States has “expanded significantly” compared to its peers. In an earnings announcement for the third quarter of FY 2022, which was livestreamed earlier today, February 2, he reveals that Sony was worried about the Xbox Series consoles catching up with the PS5, but recent numbers have helped to quell its fears.

Sony is looking “carefully” at PS5 sales moving forward

As translated by Twitter user Genki_JPN, who regularly provides gaming insights from Japan, Totoki said during the conference:

In the United States also, in summer there was some narrowing of the gap [between PS5 and its peers], but more recently our share has expanded significantly.

…Having said that, however, this is something dynamic so we have to watch situation carefully from the fourth quarter onwards.

It was also announced that Totoki will be taking the role of president for Sony, replacing Kinichiro Yoshida in April who will still retain the position of CEO.

While the number of PS5 console sales at 32.1 million units still trails behind the PS4, the PS5 has outmatched the Xbox Series consoles over the last few months. The PS5 was the best-selling console in August 2022 in the US as well as October 2022 according to NPD.

In fact, the PS5 has beaten both the latest Xbox and Nintendo consoles in terms of US dollar sales in 2022.