New market data suggests that the PS5 shortage may well be over.
PS5 sales look in the UK to have had a significant spike in February 2023, according to a recent report from market analysts Growth from Knowledge (via gamesindustry.biz). The numbers are in, and it looks like Sony’s PS5 console sales were up 316% this February when compared to the same month in 2022. The sales were also up 27% over January – particularly impressive when you consider how January is usually a time of relative frugality. PS5 hardware sales have also increased by 180% when compared to the first two months of 2022.
However you slice it, these are some impressive numbers and do a great deal to suggest that Sony is capable of meeting market demands for its consoles in a way it simply wasn’t back in 2022 thanks to stock woes.
The Xbox Series X and Xbox Series S have also seen sales increases in 2023. Sales of both consoles in the UK saw a 21% increase this February compared with January and are 15% higher than they were back in February 2022. However, as is plain to see, Microsoft’s consoles are lagging behind Sony’s. In addition, sales of both Xbox Series X and Xbox Series S consoles are down to 5.3% of what they were year-to-date.
The Nintendo Switch, by contrast, has been having a tough year in the UK market. February sales are down 15% compared with last February, and the console’s January sales were down 29% compared to last year. However, it’s worth noting that the release of The Legend of Zelda: Tears of the Kingdomon May 12 could reverse Nintendo’s fortunes later this year. That said, Nintendo’s flagship console is sufficiently long in the tooth that many have begun to claim that the Nintendo Switch 2 is needed now more than ever – a
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