TGN9

  1. Home
  2. TGN9 EXCLUSIVITY
  3. This article

Sony PS5 supply constraints lead to 14% hardware sales drop from prior year's quarter

10/05/2022 9Browse 0Like 0Comments
Liquid Web Storm VPS" target="_blank" rel="noreferrer">
" target="_blank" rel="noreferrer">">

Sony PS5 supply constraints lead to 14% hardware sales drop from prior year's quarter

  • News

Sony PS5 supply constraints lead to 14% hardware sales drop from prior year's quarter

While hardware sales have decreased, Sony reports an increase in digital software sales.

With the success of Sony’s PlayStation 5 and the company’s wealth of legendary first-party titles, the company's quarterly earnings are always of interest. Though Sony continues to see an increase in network services and digital software and content sales, it has noted a decrease in hardware sales which has been chalked up to supply constraints.

sony q4 2021 earnings report

On May 10, 2022 Sony released its Q4 2021 financial results on its Investor Relations site. Within the FY2021 Consolidated Financial Results, Sony showed that it has seen a drop in hardware sales compared to the same quarter of the previous fiscal year.

Despite selling the hardware at a loss, the production cost efficiency has increased. Further helping Sony’s earnings is an increase in the digital software and DLC sales, which has helped offset the loss. In saying this, Sony noted that third-party sales decreased.

Developing…

Tags: None
Last updated:10/05/2022

TGN9

The man was lazy and left nothing behind

Like
< Previous
Next >

COPYRIGHT © 2021 tgn9.com. ALL RIGHTS RESERVED.

THEME KRATOS MADE BY VTROIS