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Sony Foresees Record-Breaking Sales on PlayStation VR2

According to Sony, PlayStation VR2 sales will break the record of its predecessor sales, PS VR. The original PlayStation VR launched for PS4 in October…

Evans KaranjaBy Evans KaranjaMarch 7, 20232 Mins Read
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This article is over 2 years old and may contain outdated information.

According to Sony, PlayStation VR2 sales will break the record of its predecessor sales, PS VR. The original PlayStation VR launched for PS4 in October 2016 and sold five million units by the end of 2019. While PlayStation VR2 requires users to own a PS5 console, Sony foresees a sales increase. Sony launched PS VR2 last month and priced them at $549.99 / €599.99 / £529.99.

Sony is pointing out that PlayStation VR2 has a better chance of selling than its predecessor

During a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Monday, Sony executive deputy president and chief financial officer Hiroki Totoki were asked to evaluate PS VR2’s launch and what the company’s expectations for the hardware are going forward.

The deputy president mentioned that the company is happy to launch VR2 on PS5. He also noted that since they had previously sold over five million units, there was a good chance to exceed that amount with Playstation 5.

Totoki predicted that the overall VR market could be one of the largest growth areas in the media and entertainment segment during the first half of this decade.

If the predictions were accurate enough, he mentioned “good potential” for the VR/AR market and “good potential of technology development in this field.”

Bloomberg sources claimed Sony had halved its launch projections for PS VR2 following disappointing pre-order numbers. This was addressed in late January. This claim mentioned that forecasted shipments were cut from two million to one million units. Sony, however, issued a statement claiming it had not cut PlayStation VR2 production numbers. Infact, the company seems adamant that this current release will yield better sales than its predecessor.

In related news, Sony recently announced that Totoki would be promoted to president, Chief Operating Officer, and CFO, effective April 1, 2023. The management will see Totoki replace current Sony president Kenichiro Yoshida, who will retain his group chairman and CEO roles.

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