Sony Breaks Records With PS5 Sales

Sony shared important statistics on PS5 sales in the last quarter of its fiscal year. The supply shortage on PlayStation 5 consoles seems to have finally been resolved.

Sony recently announced data for the last quarter of fiscal 2022. According to the shared information, Sony seems to have solved the supply shortage for PlayStation 5 consoles, because there is an explosion in demand for the console. The Japanese electronics giant continues to deliver strong sales for the second quarter in a row.

Things are on the Way at Sony

Sony announced that it sold 6.3 million PlayStation 5s in the past three months. That’s more than triple the amount the company shipped in the same quarter of the previous year (2 million). Thus, the sales of the PS5 console exceeded 38.4 million units. But on the software side, the news is not so good. Revenue from gaming software increased overall, but the number of units shipped fell from 70.5 million in the fourth quarter of 2021 to 68 million in the same quarter of 2022. PlayStation Network monthly active users increased slightly from 106 million to 108 million. PlayStation Plus subscribers remained stable at 47.4 million.

Sony reported $22.7 billion in revenue, up 35 percent, and net income of $945.4 million, down 7%, for the quarter ending March 2023. In the full fiscal year 2022, it generated $84.8 billion in revenue. While the company increased its revenues by 16 percent, it increased its net income slightly to $8.9 billion. The Japanese giant’s gaming division managed to generate $1.8 billion in net income, despite a 27 percent year-on-year decline. In terms of revenue, the gaming side generated $26.8 billion in flow, up 33 percent. Besides the last console and game side, it also produces camera sensors. Net income in this division of the firm increased 36 percent to $1.56 billion.

İdris Salman

Hi, I'm Idris. I am a writer for Expat Guide Turkey and I strive to create the best content for you. To contact me, you can send an e-mail to Happy reading!

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