PS5 Broke Even and Started to Turn Profit for Sony
Sony has confirmed that the standard version of PlayStation 5 broke even. So the Japanese company has reasons to be happy.
We must admit that Sony's next-gen console has achieved great success around the world. This is evidenced primarily by the fact that each available units of the PS5 sells out a moment after appearing in the stores offer. It is also the fastest-selling console of the Japanese manufacturer. Sony has just published a financial report for the first quarter of the current fiscal year. It shows that the company has significantly increased the availability of PlayStation 5, and began to earn on each standard unit sold. To date, Sony sold 10.1 million units of its next-gen console.
Unfortunately, the same cannot be said about the "digital" version of the console. No drive version of PlayStation 5 still does not bring Sony any profits. However, the losses generated by it are compensated by sales of accessories for consoles and PS4, which is still very popular. This is therefore good news for the Japanese company, whose latest hardware very quickly broke even, and the initial concerns about the high cost of production were dispelled. What's more, PS5 achieved this much faster than the PS3, which began to be profitable only after a few years. However, it failed to beat the PS4, which needed only six months. This was due to problems with availability of components needed for the production of PS5 and their higher price.
It should be expected that Sony has not yet said its last word in the matter and plans to further increase the supply of its 9th-gen console. It seems that the Japanese are on a very good path to achieving this goal. The company has managed to secure sufficient number of components, so that should be able to meet the production targets set at the beginning. A total of 14.8 million copies of PlayStation 5 are expected to hit the market this year. Sony does not promise that the situation will improve permanently, and everything depends on further problems with the production of semiconductors. If the PS5 continues to break records, Microsoft can forget about putting up a fight when it comes to the number of next-genconsoles sold.
