According to a new Bloomberg report, Sony sold only about 270,000 PSVR2 headsets between its release date (February 22) and the end of March (March 31). According to data compiled by IDC, low unit sales can be attributed to growing living expenses, interest rates, and joblessness.
According to a report from Bloomberg from the previous year, the company had planned to manufacture approximately 2 million units for the PSVR2 launch window.
At a recent conference hosted by Morgan Stanley, Sony’s Chief Financial Officer Hiroki Totoki stated that the company is “reasonably confident” about surpassing the approximately 5 million sales of the original PlayStation VR goggles throughout the lifetime of the PSVR2’s existence on the market. If the predictions made by the IDC come true, Sony has a long and challenging road ahead of it in terms of its virtual reality offering.
Earlier this month, reliable sources disclosed that Sony is hard at work developing the PlayStation 5 Pro, which is expected to be released around the holiday season of 2024. This console could help boost sales of the PSVR2. In addition, various sources have divulged that Sony anticipates a massive FY23 for console unit sales of approximately 30.5 million, which will almost double the market share that the PlayStation 5 currently holds.
“I anticipate a price decrease on the PSVR2 will be needed to avoid a full disaster of their new device,” said Francisco Jeronimo, vice president of data and analytics at IDC.
Virtual reality is in a state of decline as of late, with virtually all companies involved in the metaverse scaling back their development efforts.
