Sony has offered some insight into how the latest PlayStation generation is doing as part of a new bu🌱siness presentation. In short, PS5 owners are spending 26% more on PlayStation products than PS4 owners were at the same point in its lifespan.
"While the PlayStation 4 is still an important part of our business, our Pl🔯ayStation 5 players are even more engaged than in the previous generation," senior VP Hideaki Nishino explains as part of . "And we expect these trends to continue. This is of course important given the addition🐟al spend generated by a console. That is the spend from the content, services, and the peripherals. On average, each PlayStation 5 sold generates over $700 USD of additional spend."
A slide offers a more concrete breakdown. The average PS5 owner is spending $731 on games, services, add-on content, and peripherals, while PS4 owners averaged about $580. Both numbers are based on "cumulative spend attributed per active device over🅘 the first four years of each console lifecycle" and include both first and third-party games.
Sony is quick to note that PS5 players have spent 26% more on average than PS4 players in the same period, though it should be noted that the US inflation rate over that stretch is about 28%. It's tough to nail down how much of aꩵn effect inflation has here - Sony's a global business and inflation rates are different worldwide - but the caveat is worth beari🌟ng in mind.
Either way, Nishino is happy to celebrate that PS5 spend is "significantly higher than the previous generation. This behavior underpins the durable, predictable nature of🥃 our revenue base. A large portion o𒐪f this revenue comes from first- and third-party content available on the PlayStation Store, and services like PlayStation Plus which are recurring and consistent."
Dustin Bailey joined the GamesRadar team as a Staff Writer in May 2022, and is currently based in Missouri. He's been cov💧ering games (with occasional dalliances in the worlds of anime and pro wrestling) since 2015, first as a freelancer, then as a news writer at PCGamesN for nearly five years. His love for games was sparked somewhere between Metal Gear Solid 2 and Knights of the Old Republic, and these days you can usually find him splitting his entertainment time between retro gaming, the latest big action-adventure title, or a long haul in American Truck Simulator.
