In 2024, Sony experienced its quietest year for first-party PlayStation releases since the PS5 launch, with notable releases like Astro Bot and the disappointing Concord. Regardless, Sony achieved record success, shipping 75 million PS5s and recording its best holiday sales. A significant factor was the appealing mix of popular third-party titles, showing that the platform business remains vital. Interestingly, 42% of recent PS5 buyers were first-time customers, indicating potential growth amid a generally stagnant console market. Despite still lagging behind PS4 sales by just 1.5 million units, the PS5's sustained demand is noteworthy.
For all the talk about first-party games, this is a timely reminder that PlayStation remains predominantly a platform business.
Forty-two percent of people who bought PS5s last quarter were new players.
The PS5 is just 1.5 million units behind where the PS4 was at this point, which is considered a big win for Sony.
Despite a quiet year for first-party games, Sony achieved its best holiday sales ever, underscoring the effectiveness of its strategic focus.
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