Which Sony is faced with pressure in meeting the surging demands for its next-gen gaming console, the company has announced its sales so far. It has sold about 4.5 million units of the PlayStation 5Â since its launch. The company also reported that it had the best fiscal quarter in the history of its gaming business as revenues went up by 40% when compared to its revenue figure in the previous year.
Fiscal Q3 2019 (in JPY million / USD million) | Fiscal Q3 2020 (in JPY million / USD million) | Change | |
Sales | 113,500 / 1,080 | 111,061 / 1,056 | (2.2%) |
Operating profit | 6,965 / 66 | 21,292 / 202 | 206% |
Now, if you are unaware, after launching the PlayStation 5 in the market, Sony had to meet the unprecedented demand for the console. The company was initially unable to keep up with the supplies and faced backlashes from purchasing customers. At one point, Sony’s CEO Jim Ryan stated that the PS5 stocks were completely sold out.
However, the company, despite these supply issues and backlashes, still managed to deliver the said number of PS5 units to customers during the holiday season. Sony dominated most of the markets in the world, reportedly selling twice the number of PS5 units as its competitor from Microsoft.