Sony’s face smiles with big increase in PlayStation 5 sales

The spectacular increase Sony has seen in PlayStation 5 sales shows that stock shortages are over.

Sony’s gaming part compared to 3.9 million in the October – December period of last year It had a record-breaking Christmas quarter, selling 7.1 million PS5s . Judging by this massive 82 percent increase, the supply problems seem to have been largely resolved, as the company said recently. In other words, it’s now possible to buy a PS5 with little or no lag. At least, this is the case abroad.

Broadly speaking, this is the case for the Gaming and Network Services segment. resulted in revenue of $9.7 billion, up 53% year-on-year.That includes more than double the revenue in hardware and a 30 percent increase in software, a 20 percent increase in network services, and a 73 percent increase in first-party software sales on PSVR and other platforms.

How much PlayStation 5 did Sony sell?

Sony at present compared to 25 million in November 2022 32.1 million PS5 units have been sold . So the total number of units sold increased 28 percent in just one quarter. It also means that Sony could meet its fiscal 2022 PS5 sales forecast (18 million units from March 2022 to March 2023) if Sony sells 5.2 million consoles in the next quarter, a number previously considered “wildly optimistic”. If this goal is achieved, total PS5 sales will reach 37 million by the end of its fiscal year.