PS5 Dominates Console Market with Over 50 Million Units Sold

Sony's PlayStation 5 (PS5) has sold over 50 million units and is on track to outsell the PlayStation 4, with an ambitious target of selling 25 million consoles in the current financial year. The PS5 has outsold Microsoft's Xbox Series X and S by almost three to one, with Xbox sales falling about 15% to 7.6 million units. Sony's strong sales are attributed to the success of its single-player exclusives, while Microsoft's Xbox business encompasses PC, mobile, streaming, and the Game Pass subscription. Sony plans a mobile push, while Microsoft aims to launch Activision Blizzard games into Game Pass in 2024.