UK PS5 Sales Reach 4 Million Mark, 31 Weeks Behind PS4

According to GfK data, the PlayStation 5 has now sold over four million units in the UK, becoming the ninth console to accomplish this feat. However, it took 31 weeks longer than the PlayStation 4 to reach this milestone. In terms of sales speed, the PS5 ranks fifth in the UK, but its higher price point sets it apart from the consoles that have sold faster. For comparison, the PlayStation 1, which is the fourth-fastest selling console, was priced at £129 after 76 weeks and dropped below £100 by the time it reached four million sales. The PS5 has generated more revenue than any other console at this sales point, with earnings of nearly £1.85 billion, surpassing the £1.26 billion achieved by the PS4. The Nintendo Wii remains the fastest console to reach four million units sold, with a launch price of £180 and a price of £140 after three years. The PS2, which was the second fastest to reach four million units, was initially priced at £299, then reduced to £199 after 49 weeks, and averaged £165 by the time it reached four million units. The PS4, the third fastest to reach four million units, had a higher price point but was still below £300 when it hit the four million mark. GfK's games boss, Dorian Bloch, notes that the era of consoles being sold at low, impulse-purchase price points is over, citing the examples of the Wii, PS1, PS2, and Xbox 360, which all had low cumulative average selling prices by the time they reached 4m units.