Sony has released its latest earnings report, bringing to light how well PlayStation is doing business wise. Sony sold another 3.9 million PS5 units for the latest quarter, pushing the console’s lifetime sales number 17.3 million as of December 31st, 2021.
To compare, analyst Daniel Ahmad reminds us that Sony sold 20.2 million PS4 units within a similar timeframe. Of course, there is a good reason for this. The ongoing supply chain issues due to the pandemic have been severely impacting the tech industry as a whole, making it difficult for Sony to keep up with demand.
Sony is expecting this issue to persist, so the company has cut its PS5 sales forecast down by about 2 million for the current quarter, The company previously thought the PS5 would reach 22.6 million units shipped by March 2022, however, this number was downgraded to 19.3 million, according to Ahmad. Analyst Piers Harding-Rolls said in a tweet that the new forecast was “pretty sobering.”
Another big takeaway from Sony’s earning’s report is that the company is expecting to launch ten live-service games by March 2026. PlayStation CEO Jim Ryan previously spoke about heavily investing in live service games in the future. This is the one of the reasons it spent $3.6 billion to acquire Bungie this week. Sony did not announce any of their live-service projects in development.
Other stats from Sony’s earnings briefing includes the 11.3 million units of first-party games sold during the quarter, with digital games making up 62% of that. Sony is also reported to have 48 million PlayStation Plus members and 111 million monthly active PlayStation users.
