According to the supplemental information in Sony’s latest earnings releases, PlayStation 5 sold another 2.4 million units as of Q1 for the fiscal year 2024.
In total, this means that the PlayStation 5 crossed 61 million units sold. However, the Game and Network Services Segment data shows a hardware decline. It states there was a year-on-year “decrease in sales of hardware due to a decrease in unit sales.”
Sony’s PlayStation 5 sold 4.5 million units in Q4 of fiscal year 2023, marking a drop in console sales.
Still, Sony also reported an “increase in sales of first-party game software titles.” It also saw an increase in sales “from network services, mainly PlayStation Plus.”
In fact, Sony forecasts more increases, including 3% upward revisions for both sales and operating income. Sony estimates this would be related to “impact of foreign exchange rates” and network services improvements, “mainly PlayStation Plus.”
However, Sony didn’t offer a concrete number on its subscriber data. Last week, PlayStation revealed its monthly games lineup for PS Plus in August 2024, including hit titles like Lego Star Wars: The Skywalker Saga.
Sony reportedly plans to make cuts to VR development, following its pause on PS VR2 production in March 2024 due to wavering sales. But PlayStation fans can still look forward to the PS VR2 PC adapter, which releases today.
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Jim Ryan said they would double the lifetime sales of PS4 with 5 that’s far from happening and were mid cycle now of the generation. Sony will be in trouble.