Sony reports Q2 gaming revenue rose 12% YoY to $4.92B and ships 3.3M PS5 units, flat YoY, bringing total sales to 25M; software sales fell to 62.5M units
PS5 FY22 sales: - Planning to exceed year 2's PS4 sales of 14.8 million (currently at 5.7 million PS5s sold so far for FY22) - Supply issues with semiconductors which could mean they don't hit their target - Sony sold only 100K more PS5s in FY22 Q1 & Q2 compared to FY21 Q1 & Q2
- Forecasts given mean Sony needs to sell 9.1 million PS5's in FY22 Q3 & Q4. - Sony sold 5.9 million PS5's in FY21 Q3 & Q4 I do have Sony's original projections for FY22 sales, but I don't think they are going to hit that. 14.8 million number might be close.
“Regarding production of PS5 hardware, restrictions on the supply of materials and logistics have significantly eased, and the number of units produced during the quarter exceeded 6.5 million, progressing faster than planned.” https://twitter.com/...
Sony's PlayStation Q2 earnings: • 3.3 million PS5 sales, flat YoY • 45.4 million PS Plus subscribers, down 4% ❌ • 62.5 million in software sales, down 18% ❌ • 102 million PSN active users, down 2% ❌ https://www.theverge.com/ https://twitter.com/...
Sony: “We recognize that demand from customers for the PS5 continues to be strong .. To meet this strong demand, we will do our utmost to bring forward supply into the year-end holiday selling season and aim to exceed our FY22 forecast of 18 million units.” https://twitter.com/..…
I'm surprised at PS Plus subscriptions being down, as Sony launched its new PS Plus subs just before this Q. Sony has also cut its annual profit forecasts for its games division from around $1.7 billion to $1.5 billion https://www.theverge.com/... https://twitter.com/...