Sony reduces PlayStation 5 sales expectations to 21 million units

Sony aims to sell 18 million PlayStation 5 consoles in its fiscal year ending March 2023.

Thiago Prudencio | Rocket Lite | Getty Images

Sony lowered its sales forecast for its flagship PlayStation 5 console on Wednesday, after warning of weak transactions in its main gaming division.

The Japanese gaming giant said it now expects to sell 21 million PS5 units in the fiscal year ending in March, down from a previous forecast of 25 million units.

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