Sony Announces Record PS5 Numbers In Latest Earnings Report

Sony Announces Record PS5 Numbers In Latest Earnings Report

Sony in its latest earnings report announced that it has sold 7.8 million PS5 consoles as of 31st March 2021. Also, the number of PlayStation Plus subscribers has now jumped to 47.6 million, a 14.7 percent increase year on year.

 

From the fourth-quarter figures, the PlayStation business shows a total operating profit of $3.14 billion for the 2020 financial year. This is a record for Sony.

The reports also show that the company had shipped 4.5 million PS5 units worldwide through the end of 2020. Sony has shipped 3.3 million units were shipped from January to March 2021. But it’s actually still very difficult to actually buy a PS5, with demand hugely outstripping supply.

Also read:
– Sony Still In Talks With Microsoft, But Cloud Strategy To Be ‘Only On PlayStation’
– Apple Is Reportedly Cutting Down On AirPods Production As Competition Hurts Sales
– Sony Makes U-turn On Decision to Shut PS3 And PlayStation Vita Digital Storefront

NPD had reported that the PS5 was the fastest-selling console in US history through its first five months of availability. This was both in terms of units shipped and total dollar spend.

 

However, NPD also reports that Nintendo had sold more Switch units in the US than Sony has of the PS5 in the first quarter of 2021. That can although be attributed to the difficulty of buying a PS5 since the initial launch batch.

 

Apart from the PS5, the earnings report also shows that Sony shipped another one million PS4 consoles in the last quarter. This brings the number of shipped consoles to 115.9 million units. This a reduction of 28.6 percent from 2020’s 1.4 million. This means that the PS5 is selling a little faster than the PS4 worldwide. The PS4 had shipped 7.6 million units as of 31st March 2014.

 

 

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Kolawole Awolope

Passionate about talking, passionate about talking tech.

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