PS5 Slump Drives May to 23-Year Low as Switch 2 Boosts US Hardware Spending
Circana data show US PlayStation 5 sales fell 58% year-over-year in May to the lowest May total since 2000, while Xbox posted its own May low (down 12%). Price hikes in April weighed on Sony, but Nintendo's Switch 2 boosted US hardware spending 38% year-over-year to $249 million, with the Switch 2 reaching 5.9 million installed base. Overall US video game spending rose 3% to $4.2 billion for May, and 007 First Light led the period's sales with several other top titles rounding out the list.