{"id":15747,"date":"2023-04-28T08:49:10","date_gmt":"2023-04-28T08:49:10","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/04\/28\/sony-reports-strong-ps5-hardware-sales-as-it-closes-in-on-40-million-units-sold\/"},"modified":"2023-04-28T08:49:10","modified_gmt":"2023-04-28T08:49:10","slug":"sony-reports-strong-ps5-hardware-sales-as-it-closes-in-on-40-million-units-sold","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/04\/28\/sony-reports-strong-ps5-hardware-sales-as-it-closes-in-on-40-million-units-sold\/","title":{"rendered":"Sony reports strong PS5 hardware sales as it closes in on 40 million units sold"},"content":{"rendered":"


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Sony says it shipped 6.3 million PlayStation 5 consoles in the three months ending March 31st 2022, bringing total sales of the console to 38.4 million, the company reported in its latest earnings release<\/a>. That\u2019s more than triple what the company shipped in the same quarter the previous year (2 million), and means the Japanese electronics giant shipped 19.1 million PS5 during fiscal 2022, beating its earlier forecast of 18 million<\/a>.\u00a0<\/p>\n<\/div>\n

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On the software side things were more mixed, Bloomberg<\/em> notes<\/a>. Revenue from game software was up overall, but 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 were up slightly from 106 million to 108 million, but the number of PlayStation Plus subscribers were flat at 47.4 million.<\/p>\n<\/div>\n

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Sony\u2019s hardware supply problems seem well and truly over<\/p>\n<\/div>\n<\/div>\n

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This disparity partly reflects the lack of major first-party games releases in the quarter. But there are also concerns that the PS5\u2019s earlier hardware supply issues are having a knock on effect on software sales and subscriptions, which are important if the company wants to build a \u201cvirtuous cycle\u201d of mutually reinforcing console and game sales. <\/p>\n<\/div>\n

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CNBC <\/em>notes<\/a> that the company\u2019s financials were strong overall, reporting an operating profit of a record 1.21 trillion yen (around $8.9 billion) for the year. Revenue in the quarter rose 35 percent to 3.06 trillion yen (around $22.5 billion). Sony hasn\u2019t broken out sales of its PlayStation VR2 headset, which launched during the quarter.<\/p>\n<\/div>\n

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Bloomberg <\/em>calls Sony\u2019s profit forecast for the current fiscal year \u201cconservative,\u201d noting that it may be hedging against a drop in consumer spending and expectations that it will sell fewer games from its in-house PlayStation Studios this year.\u00a0The company expects operating profit to come in at 1.17 trillion yen (around $8.6 billion), which would represent a roughly 3 percent drop year-over-year.<\/p>\n<\/div>\n


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Sony says it shipped 6.3 million PlayStation 5 consoles in the three months ending March 31st 2022, bringing total sales of the console to 38.4 million, the company reported in its latest earnings release. That\u2019s more than triple what the company shipped in the same quarter the previous year (2 million), and means the Japanese […]<\/p>\n","protected":false},"author":1,"featured_media":15748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-15747","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/15747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=15747"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/15747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/15748"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=15747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=15747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=15747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}