PS5 Sales Have Already Surpassed 17 Million, Beating Nintendo Wii U’s Lifetime Numbers in Just a Year

It’s been a year since the PS4 Pro launched, and Sony has begun to release their next generation console. With an early 2019 launch date rumored, we take a look at how well it might do compared with Nintendo’s last gen console: The Wii U.

The “ps5 first year sales” is a topic that has been making the rounds recently. The PlayStation 5 has already sold more than 17 million units, beating Nintendo Wii U’s lifetime numbers in just a year.

Image credit: Sony

Sony has issued its financial report for the third quarter of fiscal year 2021, which contains some impressive figures for its next-generation platform, the PlayStation 5. According to the report, the PS5 has already sold over 17 million units, which is impressive for a console that has only been on the market for a little more than a year. What’s more intriguing is that the PS5 has already sold more in a single year than Nintendo’s previous-gen console, the Wii U, which only sold 13.56 million units in its entire lifetime.

Image credit: Sony

In a single year, the PS5 outsold the Wii U (IGN):

As of December 31, 2021, Sony announced that over 17.3 million PS5s have been sold. In its lifespan, the Wii U only sold 13.56 million units.
The PS5 had a fantastic fiscal year, outselling the PS4 in its first fiscal year, ending the Nintendo Switch’s 33-month reign as the best-selling system in the United States, and becoming the fastest-selling console in both unit and dollar sales in US history.
Of course, the PS5 has a long way to go before it joins the list of all-time best-selling consoles. The PS4 has sold 116.9 million units worldwide (with more on the way) […]

Despite the evident desire for its next-generation system, Sony has trimmed its sales projections for the PS5 owing to an ongoing chip scarcity, which executives expect will last into the next year. The company’s gaming revenues also fell significantly year over year, but it’s unclear how much of it may be attributed to the supply shortage.

Due to chip shortages, Sony expects decreased PS5 sales (VentureVeat):

Sony’s gaming and networking services segment reported $7.09 billion in sales for the quarter ending December 31, down from $7.703 billion a year earlier.
In an analyst call, Sony Chief Financial Officer Hiroki Totoki said that market demand for the PS5 is quite high, but that partners providing components are experiencing difficulties due to multiple chip shortages. He predicts that component shortages will persist in the following year.
Due to shortages and a projected drop in PS5 hardware sales, Sony decreased its revenue projection for games for the fourth fiscal quarter ending March 31 by 6%.