Revenue in the gaming segment fell 8% to 813.3 billion yen ($7.09 billion), but operating profit increased 12.1% to 92.9 billion yen ($810 million). Sony is still unable to produce enough loss-making PS5 hardware. Resulting in less Sony PS5 Stock availability.
In the crucial Christmas quarter, Sony shipped just 3.9 million PlayStation 5 systems. An increase over the previous quarter’s total of 3.3 million. Indicating how the electronics behemoth is still struggling to satisfy demand amid the current worldwide supply chain crisis. As of December 31st, 17.3 million units have been shipped worldwide. About three million fewer than the PlayStation 4 had shipped at the same time. The PS4, on the other hand, was readily available in stores throughout its first year of release.
Considering the second-hand market is huge for the console and the average sale price of a Playstation 5 Consol is $512 for PS5 Digital Edition. However, the original launch price was $399.99. An average profit of 24% if you got your hand on one on the original launch date.
PlayStation has grown to become Sony’s most significant individual segment. Accounting for about a quarter of the company’s overall sales and nearly a quarter of its operating profit. Because of lower-than-expected PS5 sales. Sony has cut its full-year 2021 gaming revenue prediction down 6% to 2.73 trillion yen. Signaling that its supply issues will persist at least in the medium term.
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