Sony Interactive Entertainment has just unveiled its results for the last quarter of 2022. The opportunity to take stock of the distribution of the PS5 and raise the objectives for the fiscal year.
After two years of hardship, the PS5 should become much easier to find in the months to come.
A record fourth quarter for Sony
We breathe much better on the side of Sony Interactive Entertainment! The firm has just published its financial results for the period from October to December, and all the lights (or almost) are green. Year-on-year, turnover increased by 53% to reach 8.8 billion euros, resulting in an operating profit of 820 million euros.
This excellent record is largely based on PS5 inventory levels. Over the quarter, Sony distributed 7.1 million consoles for a total of 32.1 million PS5s shipped since release. This is a clear increase compared to the same period in 2021, when only 3.9 million consoles could have been distributed. Despite everything, the PS5 whose sales have obviously not been affected by the increase in its price, picks up compared to the PS4.
The 7.1 million PS5s sold for this quarter are lower than the 8.4 million PlayStation 4s sold during the same period. Finally, note that 86.5 million games were sold (-16%) including 20.8 million first-pary games. There are also 46.4 million PlayStation Plus subscribers and 112 million active PSN accounts each month. PlayStation’s subscription service is therefore losing subscribers, but they bring in more money, thanks in particular to the three formulas that are now offered.
Sony is thinking big for the end of the fiscal year
Last January, during CES, Sony announced that the shortage was behind us, and that it would be much easier to find consoles. An argument recently supported by a well-regarded promotional campaign that made the end of the shortage a selling point. Anyway, Sony Interactive Entertainment is now aiming for more than 25 billion euros in turnover as of March 31, and even thinks of being able to reach 19 million PS5s shipped over the fiscal year. , while the initial target was 18 million.
A real challenge, since 6.2 million consoles will have to be distributed over the first three months of the year. Unheard of, regardless of the platform, quite simply. If Sony sticks to its objectives, the PlayStation branch could announce historic sales in a few months. We conclude by discussing the case of God of War Ragnarokthe latest PlayStation exclusive, which has sold over 11 million units since its release on November 9, 2022 on PS4 and PS5.
Source : SonyGroup
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