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.
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…