The company sold 8.2 million PlayStation 5 consoles, raising the lifetime total to 54.7 million.

As such, the company has revised its yearly target down by 4 million to 21 million units.

This is partly attributed to a decrease in first-party sales and losses from hardware due to promotions.

Sony cuts PlayStation 5 sales forecast, no new major franchise entries planned before April 2025

There was some good news for Sony in its quarterly financial report.

Sony is reportedly set to launch the PlayStation 5 Pro later in 2024.

The Pro model is also expected to feature hardware-based upscaling tech similar to DLSS.