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Sony Posts Best Quarter in PlayStation History

According to the company’s latest earnings report, Sony saw a 40 percent jump in revenue over the holiday quarter (October-December) to $8.4 billion.

This in large part is due to the 4.5 million units of PlayStation 5’s sold worldwide, the same number of systems sold as the PS4 launch.

Sony also saw a 50 percent increase in operating profit to $763.3 million thanks mostly to an increase in games sales and PlayStation Plus subscriptions. The company did acknowledge however that costs from the launch of its next-gen console did cut into some of their profit gains. Noting the reason as being “strategic price points for PS5 hardware that were set lower than the manufacturing costs.”

All that said the PS5 has been seemingly impossible for many gamers to get their hands on.

Despite a recent small online restock at Target and an in-store restock at retailer Meijer rumored to be this month, most outlets have been pretty quiet on when more systems will be coming. With plenty of exciting sports titles coming down the pike, gamers are itching to secure their next-gen consoles.

There was no mention of Xbox X/S sales figure in Microsoft’s recent earnings report, but it did say that Xbox hardware had risen 86 percent over last year’s number.

When do you expect to land a Sony PlayStation 5? Leave a comment and let us know below and be sure to check in with Sports Gamers Online for future restock news.

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