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PS5 sales couldn't reach Sony's revised targets, and Sony expects sales to drop even more

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Sony has sold a lot of PlayStation 5 consoles, but not as many as it wanted, and it’s bracing for the decline to continue.
Things aren’t looking especially good for PlayStation at the moment. Though Sony doesn’t appear to be suffering quite like its major competitor Microsoft, the company’s PlayStation business simply isn’t doing as well as it used to.
PlayStation 5 hardware sales in the financial year that just ended have missed projections, even after Sony lowered its expectations by a couple of million. The sales dip represents a whopping 29% year-over-year slump in Q4.

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