Sony Group Corp‘s (NYSE:SONY) PlayStation 5 (PS5) is entering the second half of its life cycle, with Sony reporting that about half of its 118 million monthly active users (MAUs) are still using the older PlayStation 4 (PS4).
Despite the PS5’s strong sales of over 59 million units since its launch in November 2020, the transition from PS4 to PS5 has been slower than expected, as pointed out by gaming journalist Stephen Totilo.
“Earlier this week, Sony made headlines for PS5 reaching 59 million units sold. Good number! Sony says PS5 is in the 2nd half of its lifecycle Sony also said PlayStation has 118 million monthly active users–half still on PS4 Get that?,” Totilo tweeted. “HALF of PS players aren’t on current gen.”