It has been almost a month since PlayStation and Xbox launched their respective next generation hardware. Industry-tracking firm, The NPD Group says that the PS5 has surpassed a record previously held by another member in the PlayStation family.
“PlayStation 5 achieved the highest launch month unit and dollar sales for a video game hardware platform in U.S. history,” NPD analyst Mat Piscatella said. “The records were previously held by the PlayStation 4, which debuted in November 2013.”
US NPD HW – PlayStation 5 was November's best-selling hardware platform in consumer spending, while Nintendo Switch led the market in units sold.
The key phrase is in that statement is ‘dollar sales’ as Piscatella notes the Nintendo Switch has held the record for best selling game hardware platform in units sold for a record 24 consecutive months. That record isn’t going anywhere as the Switch was reported yesterday as November’s highest selling console at 1.35 million units sold out.
The difference in cost for a consumer is almost two to one in value depending on what hardware you’re comparing. To catch up to Sony in revenue Nintendo would have to sell twice as many units to Sony’s PS5.
No matter how you look at it, the video game market looks incredibly healthy from what NPD is reporting. All three console manufacturers are still competing with other even amidst a global pandemic.