With 2023 finally behind us, the three giants of the home gaming industry, Xbox, PlayStation, and Nintendo, have given us an overview of their sales over the last period.
Margins not only show the data of how many consoles each company has sold, but also the total profit from games, including exclusives and collaborations. Find incredible prices on PS Plus, Xbox Game Pass, and Nintendo Switch Online.
The data speaks for itself, Nintendo Switch still holds the top spot with an impressive 137.72 million units sold, compared to PlayStation 5’s 54.17 million units and third-place Xbox Series X/S with 27.68 million.
The story changes slightly when we analyze the units sold during the period from December 2023 to January 2024. In fact, PS5 sold a remarkable 1,385,687 units during the holiday season, surpassing Nintendo Switch with 999,745 units, and once again, Xbox came in last with 452,119 units.
The arrival of the PlayStation 5 Slim has certainly helped Sony significantly, arriving just in time for the holiday season with a reduced initial price and the option to purchase a physical game reader later on. On the Nintendo side, the Switch OLED has become the preferred option over the standard version, and in many cases even over the Lite despite the higher cost.
However, the situation changes when it comes to game profits. PlayStation leads throughout 2023 with earnings of around $30 billion, followed by Xbox with $18 billion and Nintendo last with $12 billion.
What stands out is how PlayStation continues to increase its profits by about 23% each year, reaching $30 billion this year from around $24 billion in 2022. This is undoubtedly due to the quality exclusives of PlayStation, which continue to attract new players and retain old ones, although it seems that the production costs of these exclusives are affecting PlayStation’s pockets. Xbox sees a good increase of 16.5% compared to the previous year, and surely the acquisition of Activision Blizzard has helped and will help Microsoft’s company in the future. Nintendo drops by 4%, a loss that is entirely normal given the age and limited capabilities of the Switch; this will surely change with the first official news of Nintendo’s next generation of consoles.
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