The PS5 had a rough launch because it was released during the pandemic, and the console was in short supply. However, the shortage is finally over, and the console is now performing well in terms of sales and availability.
Nearly three years after its release, the PS5 recently received a price cut and is now available in retail stores in the UK for as low as £399. Following its price reduction, a new report claims that the console has seen a sales boost of 75% last week.
Why it matters: The recent sale marks the first major price cut for the PS5, and this appears to be working for Sony. It should also help move units before the inevitable release of a new revision.
The PS5 recently surpassed 40 million units sold. Furthermore, the console is receiving discounts in various regions.
A leaker has hinted at a similar discount for the US market in the coming months, with the console expected to be priced at $450 in the region. This may be due to retailers clearing stocks for the next console variant.
According to the report, the PS5 can currently be had for just £399. This has led to PlayStation’s best week of 2023 in the region, with the gaming giant making over 60% more revenue over the last week.
Another PS5 revision is expected to launch later this year. The new variant may not be as small as traditional slim revisions but reports claim it will include a detachable disc drive.
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