While the PS5 Pro had a solid start in November for the United States, it’s seemingly unable to maintain that momentum. On Bluesky, Circana analyst and executive director Mat Piscatella says the console has “fallen behind” the PS4 Pro’s pace.
Though Sony announced 75 million PS5 units shipped as of December 31st, 2024 (which includes PS5 Pro consoles), it didn’t offer specific sales for its mid-gen refresh.
As such, video game hardware spending in January 2025 dropped to $205 million, a staggering 45 percent lower than last year.
It’s also the lowest total spending for game hardware since January 2020. Piscatella also revealed that PS5 hardware spending dropped by 38 percent year-on-year.
The Xbox Series X/S saw a 50 percent decline, while the Nintendo Switch’s spending fell by 53 percent. You could justify the latter two since Xbox hardware has seen falling revenue for years, and the Switch is almost eight years old, with all eyes on its successor.