PlayStation 5 Sales Collapse 46% as Console Enters Steeper Decline Phase

Sony shipped 1.5 million PlayStation 5 units in Q4 fiscal 2024, down 46% from the same quarter in 2023. The decline marks both a year-over-year drop and sequential weakness within Sony's fiscal cycle, signaling accelerating demand softening rather than seasonal fluctuation. Gaming division margins have fallen to near-decade lows. The pattern mirrors previous console lifecycles, though the PS5's downturn is arriving faster than its PS4 predecessor experienced.