May 28, 2022

Next-Gen Boosts Xbox & PlayStation Revenues

Regardless of what side of the fence you find yourself on, PlayStation and Xbox have made major gains in revenues over PlayStation 5 and Xbox Series X/S sales.

As the launch of the Xbox Series X/S and PlayStation 5 nears, both companies have seen impressive gains in revenues.

Xbox has seen an increase this year of around 22%, upwards of $3.09 billion. That is according to games analyst Daniel Ahmad. According to Ahmad, the previous quarter’s sales was the best on record for Xbox.

Admittedly though, Microsoft doesn’t report on Xbox Live users or other metrics;

In contrast, PlayStation has seen an increase of only 12%. Of course, that 12% equates to around $4.90 billion from game sales and PS Plus subscriptions.

PlayStation President, Jim Ryan noted how Sony had taken the same number of pre-orders for PlayStation 5 in 12 hours that had been ordered within 12 weeks for the PlayStation 4;

“The demand as expressed by the level of pre-order has been very, very considerable”.

So, in case you hadn’t already guessed, next-gen is highly sought after. It’s not hyperbole to say this is the most interesting console launch in recent memory. And it’s not just because of sale figures.

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