Sony reveals PlayStation just had best ever financial year
0Sony has revealed PlayStation has had its best ever financial year.
The gaming giant has revealed sales for the PS5 hit 7.8 million by the end of March this year, which goes beyond the 7.6 million for the PS4 in the same time frame.
However, it should be noted the new console remains out of stock with most retailers, and its supply has been constrained.
As reported by Eurogamer, Sony's Game & Network Services (G&NS) - including PlayStation - has revealed sales of £17.5 billion, and profit of £2.26 billion.
The sales increase - 34% from the previous financial year - is mainly down to software sales, which includes add-on content, and the November PS5 launch.
Meanwhile, its profits increased in line with Network Services - such as PlayStation Plus - although the company also lost money on "strategic price points for PS5 hardware that were set lower than the manufacturing costs".
Sony also saw a loss because of "increase in selling, general and administrative expenses related to the launch of PS5".
Looking to the future, Sony expects even more in the current financial year, although that's for revenue rather than profit.
A big reason for this is that the previous financial year came during lockdown with people at home during the pandemic, while another issue will be games delayed from 2021 until 2022.