PS5 Is the Fastest-Selling Console in U.S. History (unit and dollar sales)

HeresJohnny said:
Demand is high but supply is also low I'm told because of chip supply, so we don't know what demand really is. It certainly hasn't helped that Sony and retailers have allowed the complete abuse of the online ordering system by scalpers with bots.
Click to expand...

Supply is not low at all.
It's at least PS4 level as proved both by shipments figure and leaked NPD numbers.
Simply demand is too high atm to be satisfied with a PS4 level stock.
So we know how demand really is, higher than PS4.
 
Last edited:
Hoppa said:
So dollar sale numbers don't matter because the PS5 is more expensive, but unit sale numbers do when the Switch is the cheapest current-gen console on the market. Got it.
Click to expand...
Dollar sales for consoles have never mattered. The fanboy wars have been fought over unit sales forever. Being expensive has never been one of the things that people hype up a console for.
 
phil_t98 said:
Why is it a bad thing then?
Click to expand...

When you are forced to sell your own goods that you've spent years and years of sweat and tears to build to finally sell them on other shops. It's like asking Rolls Royce to sell Ghost in the Chevrolet showroom.
 
Last edited:
Bo_Hazem said:
When you are forced to sell your own goods that you've spent years and years of sweat and tears to build to finally sell them on other shops. It's like asking Rolls Royce to sell Ghost in the Chevrolet showroom.
Click to expand...

yeah but the licence was running out and the sport holders wanted to make more money by going multi platform. They didn't have to make the game anymore but they wanted to so agreed to make it multiplayer.

no problem
 
phil_t98 said:
yeah but the licence was running out and the sport holders wanted to make more money by going multi platform. They didn't have to make the game anymore but they wanted to so agreed to make it multiplayer.

no problem
Click to expand...

It's a domestic sport anyway that is relevant in the US. But now assuming that one day Sony decided to buy Konami or at least PES, and the made PES much bigger than FIFA, then get forced to release it on other platforms? Like wtf? In such case they should get an even bigger cut from other platforms, more than 70% to be like 82% like on Epic Games store as they are paying for the license.
 
Bo_Hazem said:
It's a domestic sport anyway that is relevant in the US. But now assuming that one day Sony decided to buy Konami or at least PES, and the made PES much bigger than FIFA, then get forced to release it on other platforms? Like wtf? In such case they should get an even bigger cut from other platforms, more than 70% to be like 82% like on Epic Games store as they are paying for the license.
Click to expand...

sony could buy Konami and make PES exclusive but PES doesn't hold the fifa licence.

I think you are being a bit biased here because it's Sony. They only rent the licence to make a game, the sport have said they want the game multiplat. Sony will get their share and get more money than befor from sales
 
I remember when People were arguing with me a year before the launch when I stated these should be $600 consoles.

Now they are $500 consoles selling for upwards of $900 and it's still difficult to get one.

Imagine if both Sony and MS would have aimed for $600 consoles.
24 GB's of Ram, 14 TF PS5 and 16 TF XSX at $600 launches would've been much better.
 
Bots and hackers insta-purchasing the entire online Walmart stock in a record 2.36 seconds.

wow-thats-fast.jpg
 
Last edited:
My God, the amount of salt users here is insane.

Its embarrassing the first two pages of this thread.

People who are bashing Matt but at the same time will use Matt when he tweet about other console, please consider not use in your next 'Nintendo' or 'Microsoft' thread anymore.
 
Last edited:
Stuart360 said:
Kind of thing Microsoft would get laugfhed at for if they did it, 'the best selling Xbox month ever.....in dollars made'.
Click to expand...
But this would make sense if there was actual supply and Sony were making statements like that. They are all selling out and Sony still didn't make this statement. IGN did about the new record. So who should we be laughing at? IGN? The OP? Matt?
 
Last edited:
HeresJohnny said:
The numbers are meaningless. People who want them can't buy them because they keep getting scalped and re-listed for $800 and up. Many of the people scooping them up don't want a PS5, they want to make a few hundred bucks. We don't know what demand really is at this point and won't for some time.
Click to expand...

Not trying to insult you here but your logic holds absolutely no water.

Scalpers aren't in the business of storing products, they are in the business of flipping products. The higher the demand, the better it is for them.

It's not exactly a complex problem either, if 100 people want potatoes and there's only 10 potatoes... what happens to the value of the potatoes? If there's a 1000 potatoes and only 100 people looking to buy, what happens to the value of said potatoes?

POTATOES

yes if one system is selling for a higher price than the other on secondary markets like eBay, that does mean it's in higher demand. All things being equal of course. PS5 has both higher supply than Xbox(more units shipped) and higher prices on those markets. Yup, thats what it means.
 
Last edited:
Sejan said:
I know, I'm just saying that only comparing dollar sales gives you a very skewed picture. The units sold compared to dollars sold could easily be misunderstood by as much as 50%. See my last post.
Click to expand...
I agree that breaking a dollar sales record doesn't mean that the unit sales record is broken. I just don't think that NPD is intentionally trying to mislead anyone.
 
Woopah said:
I agree that breaking a dollar sales record doesn't mean that the unit sales record is broken. I just don't think that NPD is intentionally trying to mislead anyone.
Click to expand...
I don't think NPD is intending on misleading people either. I think articles are trying to imply something that isn't necessarily what NPD's numbers say. It is absolutely true that more dollars have changed hands for PS5s than any other console at this point in the life cycle of any other consoles throughout history. It's not true that there are more PS5s in the hands of customers comparatively to these other consoles at this point in their life.

I'm saying that people could easily misunderstand what this actually means and that articles reporting on it may intentionally allow people to believe those misunderstandings.

Edit: Also, dollars sales in a significantly less useful metric than unit sales when comparing sales of products with very different prices.
 
Last edited:
Thirty7ven said:
Scalpers aren't in the business of storing products, they are in the business of flipping products. The higher the demand, the better it is for them.
Click to expand...
Buying up all the stock (which they have already made way more than what they need to do that) keeps the prices high. Anyone that thinks they aren't buying and hoarding to keep the prices as high as they've been is either stupid or trolling.

HeresJohnny said:
It certainly hasn't helped that Sony and retailers have allowed the complete abuse of the online ordering system by scalpers with bots.
Click to expand...
Don't think they aren't taling advantage and selling them for double the amount online. A Nike executive was caught recently doing just that with their own limited supplied products.
 
Last edited:
Sejan said:
I don't think NPD is intending on misleading people either. I think articles are trying to imply something that isn't necessarily what NPD's numbers say. It is absolutely true that more dollars have changed hands for PS5s than any other console at this point in the life cycle of any other consoles throughout history. It's not true that there are more PS5s in the hands of customers comparatively to these other consoles at this point in their life.

I'm saying that people could easily misunderstand what this actually means and that articles reporting on it may intentionally allow people to believe those misunderstandings.

Edit: Also, dollars sales in a significantly less useful metric than unit sales when comparing sales of products with very different prices.
Click to expand...
Yes that makes perfect sense to me. People should understand that the record broken is dollar sales and not unit. There is a difference and there is value in having both metrics available (just wish that NPD shared more).
 
Fastest selling console in 4 months but still behind the Switch for best selling console for the month all in dollar sales?
 
VAVA Mk2 said:
Dollar value sold =! units sold. Units sold now are more expensive than they used to be so volume of consoles sold may be less while dollar value is higher. Pretty simple concept.
Click to expand...
I prefer units, but it is what it is. And no, the PS3 was more expensive, it was $499-599. One X was $499, Series X is the same price.
 
ethomaz said:
Units sold increase revenue in both the hardware and software...

PS5 sold more in revenue because it is cost more to Sony and so it is sold more expensive.

It is still less people with PS5 that will sigh PS+ and/or buy games.
Click to expand...

Of course if Sony sells more at a higher price point per unit revenue will be higher. No one is saying otherwise.

I have no idea what you mean by your second and third sentence, sorry. What I am telling you is that as a stockholder units sold are not as important as revenue, EPS, OI, and the like.
 
Last edited:
Enjay said:
Buying up all the stock (which they have already made way more than what they need to do that) keeps the prices high. Anyone that thinks they aren't buying and hoarding to keep the prices as high as they've been is either stupid or trolling.
Click to expand...

Your theory is the one that is unbelievably stupid. Scalpers are hoarding the majority of units shipped? What?

And they wouldn't be able to keep the prices high if nobody was buying.
 
Last edited:
Consumer spending fuels industry growth : dollar sales has been the most important metric since forever.

cc6481311d9f13b3728b60a880f0fae9c2af7009.jpg

f801609b5567059824c0f4a5858b9fb8962bed3f.jpg


You shouldn't worry about PS5 unit sales. It's approaching 7m.
 
Last edited:
Enjay said:
Buying up all the stock (which they have already made way more than what they need to do that) keeps the prices high. Anyone that thinks they aren't buying and hoarding to keep the prices as high as they've been is either stupid or trolling.
Click to expand...

That is not correct. What you've described really only works when there is a major actor in the market that controls the supply (eg: DeBeers diamond cartel).

These scalpers are just engaging in plain ol retail arbitrage. It's not any different than going to costco and buying out one of their $x.98 items and selling it on ebay.
 
Enjay said:
Buying up all the stock (which they have already made way more than what they need to do that) keeps the prices high. Anyone that thinks they aren't buying and hoarding to keep the prices as high as they've been is either stupid or trolling.


Don't think they aren't taling advantage and selling them for double the amount online. A Nike executive was caught recently doing just that with their own limited supplied products.
Click to expand...

Yeah, and her son was running a PS5 scalping "business" as well. Can't make this s**t up.
 
MagnesG said:
We're only talking about month of February though, nothing about lifecycle demand.
Click to expand...
Lifecycle has a massive impact though. Switch did better in its 4th February than its 1st, 2nd or 3rd February. So it shouldn't be a surprise that this is higher than PS5's 1st February.

Basically, Switch sales are unusually high, but PS5's sales are not unusually low.
 
You must log in or register to reply here.

Similar threads

Switch 2 debuts as fastest selling hardware in US history
2 3
112
283
cinnamonandgravy replied
[IGN] Nintendo Switch 2 Outselling the OG Switch 2-to-1 Across the Globe; Fastest-selling Nintendo console ever in the U.S.
2 3 4
197
2K
DragonNCM replied
Indiana Jones is selling more on PS5 than Xbox/Steam
Sales-Age  8 9 10 11 12
562
6K
Steve Holt replied
Stellar Blade has sold 1 million units on PC - 3 million total unit sales across PS5 and PC
News  2 3
118
2K
bender replied
IGN “ Steam accounted for more than half of Monster Hunter Wilds’ total dollar sales in the U.S.”
2
78
5K
Woopah replied
Top Bottom