Sony’s unprecedented success is attributed to music products, recent developer acquisitions, and the popularity of the PlayStation 5, among many other things. A VGC report states that “Sony enjoyed its biggest revenue and operating profit ever for a Q2 window.” Moreover, a total of 13.4 million PS5s have been sold despite component shortages.
Sony’s games division has garnered almost $6 billion in revenue between July and September. Similarly, over the same three months, 3.3 million PS5 consoles have flown off the proverbial shelf, a 1 million increase over the first quarter – compare that ridiculous number to the meager 200,000 PS4 units sold in the same period. And yet, PS5 availability is still a point of contention for many PlayStation fans around the world.
CFO Hiroki Totoki discussed plans to invest more heavily in development capabilities as well as console semiconductor shortages linked to the ongoing global pandemic:
“The shortage of semiconductors has impacts in various areas and through various measures, we have been taking some action. For PS5, the target has been set for the number of units to be sold this year, and we have secured the number of chips that is necessary to achieve that. Regarding the supply of semiconductors, we are not concerned.”
Sadly, the target number was not specified. Nevertheless, PS5 games are hitting financial highs with Marvel’s Spider-Man: Miles Morales surpassing 6.5 million copies sold, Demon’s Souls sitting at 1.4 million, and Ratchet & Clank: Rift Apart sailing past 1.1 million purchases. Regardless of the component shortage, first-party titles and SIE at large have garnered sizeable finances in 2021, with the holiday season just around the bend.
Have you nabbed a PlayStation 5 yet, or are you still waiting for more restocks?
Source: Read Full Article