How fast it sells? As of July PS5 was selling faster than PS4 by about a month.
And we've discussed the reasons why arguably that is. Reasons that weren't around in 2013/2014
Look, I know in the technical black/white terms of economics it's labeled "high demand" when coupled with low supply…but I still say context is important. Especially in discussions like this when we have very definite expections of meaning when we say "one console was in more demand than another"
Again, it would be disingenuous to suggest that in 1973 people suddenly became more interested in consuming gas in their cars than they were in 1972. And then point to people waiting hours in line for gas and how much gas was sold in 1973/1974 and say people are just more interested in gasoline now.
PS5 shipments appear to continue to be lower than PS4 this holiday compared to 2014 but if sell through remains close to PS4 after one year then you can't deny demand is higher.
For future comparison, PS4 shipped 20.2M as of December 31, 2014. Sell through was 18.5M.
If PS5 ships less than 20M but is close to or even exceeds 18.5M sold through, that's it. Demand is higher.
I can deny demand is higher. It could be, but it's still hard to say definitively.
What I can say definitively is that demand for a $500 ps5 or a $500 Series X is not being met yet. And there are reasons why that is.
You can EASILY buy a ps5 right this second if you really wanted to pay ~$800 for it.
I think people are overestimating the number of people who REALLY desperately needed/wanted a ps5/Series X in 2021 who haven't gotten one/won't get one in 2021. I don't think it's that high. I think people are seriously underestimating how strong the 3rd party selling market is right now and will be this holiday. Most people are just fine waiting till the ps5/Series X is $100-$200 cheaper. Like always.