More than 7 million PlayStations 5 are already sold and amount to 10 billion Sony profits, largely derived from the division Games and Network Services.
The PlayStation 5 has required a huge investment by Sony and has been since before its arrival on the market a very dangerous bet, because the direct competitor Microsoft Xbox Series X has a hardware and performance very similar to the next gen Sony.
Sony has in fact decided to reward employees in Japan with an economic bonus equal to seven monthly salaries, even higher than the 6.9 months asked by the unions. Sony’s real problem with the PS5, on the other hand, is that it can’t produce enough of them to satiate the demand coming from all over the world: from north to south, from east to west, gamers are literally crazy for the new gaming console and since the first moments of marketing have assaulted the online stores to grab one. Unfortunately, as we know, there have also been unpleasant episodes caused by looting by well-organized groups that have managed to hoard PlayStation 5 and then resell them at a very high price online.
Sony, record revenues thanks to PS5
According to data reported by the Japanese online newspaper NHK Sony has recorded in the year 2020 a net profit of 10 billion dollars and has good chances to do as well this year.
There are no major doubts about the role of PlayStation 5 in this excellent result: the Games and Network Services division alone has recorded profits of 3.2 billion dollars, practically a third of the total, thanks to over 7 million PlayStation 5 sold in the fiscal year 2020 ending March 31.
PS5 still sold out
The success of PlayStation 5 is reflected in the impossibility of finding one on the official market. Neither on the PlayStation Store, nor in the stores of the major electronics chains or on Amazon is now possible to find a single piece for sale.
Periodically, one or more sellers manage to make the “restock”, but it is always a few copies that are sold out in a few hours, sometimes in minutes. It is a global phenomenon, that doesn’t spare neither the Japanese market nor the very important markets of USA and Europe.