PlayStation games always attracted attention of its fans. A chip shortage hampered last quarter’s PS5 sales, but people purchased more PlayStation games. Sony has released its fourth-quarter financial results. While game sales were up over the same period last year, PlayStation 5 sales were down by 1.3 million units, owing to the chip shortage plaguing the tech industry.
In the fourth quarter of its fiscal year 2021, Sony sold two million PS5 units. This brings the console’s total sales to 19.3 million, but it’s still down from the 3.3 million units sold in the same quarter last year. Furthermore, Sony reports that 11.5 million PlayStation 5 machines were sold during the fiscal year, which is significantly less than the 14.8 million it had planned—an amount that would have seen the PS5 match or outsell the number of PS4s at the same point in its lifecycle.
Of course, the issue isn’t a lack of demand; it’s a global chip shortage that has hampered Sony’s efforts to secure components for its console. Nintendo has warned that the Switch may experience similar problems later this year.
Sony can take solace that 70.5 million PS4 and PS5 games were sold in the quarter, up from 61.4 million a year ago. 14.5 million first-party games are included in this figure. However, full-year game sales fell to 303.2 million units from 338.8 million the previous year, but the 2020 lockdowns significantly boosted the gaming industry.
PlayStation Plus subscriber numbers fell yearly to 47.4 million in March 2022 from 47.6 million in March 2021, while monthly active users on the PlayStation Network fell from 111 million to 106 million.
Sony believes that things will improve in the coming quarter due to improved component supplies and increased third-party game sales. It will also launch PlayStation Plus Extra and Premium services, which will compete with Xbox Game Pass.
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