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Sony sold 4.5 million PlayStation 5 consoles last year



Sony shipped 4.5 million PlayStation 5 devices worldwide in 2020, as revealed by information released along with the company’s latest earnings report. The figure highlights Sony’s current ability to mass-produce the console, which has been extremely difficult to purchase since its launch in November.

Demand for the PlayStation 4 dropped dramatically year-on-year, with 1.4 million units shipped in the October-December quarter – down 77 percent from a year earlier. Sony actually managed to sell fewer PS4s in the holiday quarter than it did from July to September.

Sony̵

7;s gaming business as a whole performed much better than a year ago, with analyst Daniel Ahmad noting that it was actually the best quarter in PlayStation history. Revenue increased 40 percent to 883.2 billion yen ($ 8.4 billion), driven in part by PS5 sales. Operating profit increased 50 percent to 80.2 billion yen ($ 763.3 million) due to higher game sales, PlayStation Plus subscriptions and better PS4 hardware margins.

However, Sony notes that expenses related to the PS5 launch offset some of the profits, and also confirms that the PS5 hardware itself is sold for less than it costs to earn. A loss was incurred due to “strategic price points for PS5 hardware that were set lower than production costs,” the company said.

There is not much to read in PS5 sales figures before people who want to buy one are actually able to do so. But at least the console’s launch seems to be largely comparable in size to the PS4s; PS4 also shipped 4.5 million units in the launch quarter.

Microsoft did not release specific sales figures for the Xbox Series X or Series S with its earnings report last week, but the company said that Xbox machine revenues increased by 86 percent from the previous year.




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