Report: Sony stops producing PSVR2 amid “surplus” of unsold units
Enlarge / PSVR2 (left) next to the original PSVR. (credit: Kyle Orland / Ars Technica)
It looks like Sony's PlayStation VR2 is not living up to the company's sales expectations just over a year after it first hit the market. Bloomberg reports that the PlayStation-maker has stopped producing new PSVR2 units as it tries to clear out a growing backlog of unsold inventory.
Bloomberg cites "people familiar with [Sony's] plans" in reporting that PSVR2 sales have "slowed progressively" since its February 2023 launch. Sony has produced "well over 2 million" units of the headset, compared to what tracking firm IDC estimates as just 1.69 million unit shipments to retailers through the end of last year. The discrepancy has caused a "surplus of assembled devices... throughout Sony’s supply chain," according to Bloomberg's sources.
IDC estimates a quarterly low of 325,000 PSVR2 units shipped in the usually hot holiday season, compared to a full 1.3 million estimated holiday shipments for Meta's then-new Quest 3 headset, which combined with other Quest products to account for over 3.7 million estimated sales for the full year.