PlayStation 5 Sales Came with Some Good News. Sony has offered its financial result for the very first quarter of the fiscal year 2021. And those results would include another look at how the PlayStation 5 all around the world. Sony games and network services division happens to be the company’s most profitable segment in the quarter. which is now something of a theme for Sony’s financial reports in the past years. PlayStation 5 sales now seem to be doing great also, though some drop-off has been experienced from the previous quarter.
PlayStation 5 Sales Came with Some Good News
Specifically, Sony gave a report of 2.3 million PlayStation 5 hardware sales for Q1 2021. In the previous quarter – Q4 2020 – the company gave another report of 3.3 million PlayStation 5 sales, though we typically were expecting to see a drop off in gaming sales just as we head right into the summer. Nevertheless, even though PS5 sales dipped, this happens to be another record-breaking Q1 for Sony’s gaming arm, that pushes in more revenue than any other first quarter that came before it.
PlayStation 4 Sales for Q1 2021
The PlayStation 4 sales for Q1 2021 came in at 500,000 units, which happens to be the first half of what we saw in the previous quarter. Once again, this does not come in as much of a surprise, not only because of the regular drop-off in sales during this summer but also because the PlayStation 4 sales are heading right to the dwindle naturally as focus shifts to the PlayStation 5.
The software sales for the quarter settled at 63.6 million units, with around 10.5 million of those being first-party title sales. Sony stated that 71% of the games that were sold during this first quarter were digital titles and that it has 46.3 million PlayStation Plus subscribers. That is actually a slight dip coming from the previous quarter, where Sony reported 47.6 million subscribers to the PS Plus.
Sony to Maintain Sales
Sony also noted that their FY 2021 forecast for the PlayStation 5 is still the same, as it plans to sell for more than 14.8 million PS5 units during the year. During a call that came to the investors following this earnings drop, Sony CFO Hiroki Totoki reported that they have secured more than enough semiconductor stock to make all of the PS5s it aims to sell during this fiscal year, so we would see if the console gets to maintain the momentum as we move more straight to 2021 and stock presumably becomes easier for you to acquire.