Despite the ongoing Coivd-19 pandemic playing havoc with chip supplies, and the overwhelmingly high demand making stock shortages a real problem, Sony has sold 7.8 million PS5 up until the end of March 2021, outpacing the PS4 within the same launch window.
In terms of Sony’s figures, we’re dealing with the financial year, not the calendar year. For FY2020, its gaming and network services division (PlayStation, to you and me) brought in a 34 per cent year-on-year increase in sales to top out at a new all-time record, with a nine per cent increase projected for FY2021.
While its profits also increased, the latest earnings report notes an negative impact “resulting from strategic price points for PS5 hardware that were set lower than the manufacturing costs.” That keen PS5 pricing is a loss-leader to help kick-start the new generation.
Sony also sold over one million PS4s in the last quarter, January to March 2021, bringing it up to 115.9 million sales in total. With many racing games still releasing on the console, there’s still life in the seven-year-old dog yet. Meanwhile, PlayStation Plus subscribers grew by 14.7 per cent when compared to this time last year.
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