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News hardware & software 29 July 2022, 13:42

author: Jacob Blazewicz

PS5 Keeps Selling, but Interest in Games Wanes

Interest in the PlayStation 5 is not waning, but the financial results of Sony's gaming segment must be considered disappointing.

Source: Official PlayStation brand website.

Sony has boasted PlayStation 5 sales results for the first quarter of its 2022 fiscal year (i.e., the period from April 1 to June 31). By the way, it reported that PS5 has shipped 21.7 million units since its launch. In the second quarter alone (i.e., the period from April to June 2022), 2.4 million consoles were purchased, marginally better than a year ago.

Sony also provided a handful of additional information on the health of the video game segment, which did not do well in the past quarter.

  1. As of June 31 PlayStation Plus had 47.3 million subscribers, which is one million more than in the identical period a year ago, but slightly less than in the previous fiscal quarter. The number of monthly active users (MAUs) also declined slightly, dropping from 105 million to 102 million accounts.
  2. Quarterly software sales were weaker than in 2021, falling from 63.6 million to 47.1 million copies. Sony's own games also fared worse (down from 10.5 million to 6.4 million copies), which the company explains by a small number of new items. At the same time, the popularity of digital versions increased again, accounting for 79% of games sold in the past quarter (71% a year ago).
  3. As a result revenue from the "Game & Network Services" section fell by 11.7%, and operating profit by as much as 30.5% (due in part to spending on the development of yet unreleased games).

Jacob Blazewicz

Jacob Blazewicz

Passionate about video (and other) games for years, he completed an Mba in linguistics, defending a thesis about games. He began his adventure with Gamepressure in 2015, writing in the newsroom, later also covering film and – oh, horror! – technology (also contributor to the gaming encyclopedia). He started with platformers, which he still dearly loves (including metroidvania), but he's also interested in card games (including 'analog'), brawlers, soulslike games and basically every other type of game. Don't ask about the graphics – after a few hours of exposition, he can be delighted with pixelated characters from games that remember the days of the Game Boy age (if not older).

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