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Forums - Sony Discussion - Sony Q4 2020 earnings: PS5 at 7.8 million (3.3 for Q4), PS4 116 million (1 million for Q4)

https://www.theverge.com/2021/4/28/22407195/sony-ps5-sales-numbers-q4-2020-earnings

Sony has sold 7.8 million PS5 consoles

3.3 million moved from January to March

Sony has sold 7.8 million PlayStation 5 consoles as of March 31st, the company says in its latest earnings report. The number of PlayStation Plus subscribers is now 47.6 million, a 14.7 percent increase year on year. The fourth-quarter figures bring the overall PlayStation business to a total operating profit of 342.2 billion yen ($3.14 billion) for the 2020 financial year — a record for Sony.

Sony’s last earnings report revealed that the company had shipped 4.5 million PS5 units worldwide through the end of 2020. That means that 3.3 million units were shipped from January to March, giving an idea of Sony’s current manufacturing capacity; it’s still very difficult to actually buy a PS5, with demand far outstripping supply. The quarter-to-quarter drop is likely explained by Sony ramping up production ahead of the system’s launch.

Earlier this month NPD said that the PS5 was the fastest selling console in US history through its first five months of availability, both in terms of units moved and total dollar spend. For the first quarter of 2021, however, Nintendo has sold more Switch units in the US than Sony has of the PS5, according to NPD. That’s not really surprising given how hard it’s been to find a PS5 since the initial launch batch.

Sony also shipped an additional million PS4 consoles in the last quarter, bringing that system’s life-to-date number to 115.9 million units. The figure is down 28.6 percent from the previous year’s 1.4 million. Sony’s report suggests PS5 is selling a little faster than the PS4 worldwide — the PS4 had shipped 7.6 million units as of March 31st, 2014.



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PS5 is such a juggernaut! I expect shortages until at least march 2022! Don't see it available in shops any time soon.



So now we got official confirmation that the PS5 is pulling ahead of the PS4 launch aligned.
Also 1 mil PS4 shipped in the last quarter is actually better than what one could fear at this point after only 1.4 mil in the holiday quarter.



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Following the footsteps of the PS4 is a pretty big feat, nice going hopefully they manage to produce more units soon. If not 200k a week ain't bad.



Please excuse my (probally) poor grammar

"it’s still very difficult to actually buy a PS5, with demand far outstripping supply. "

Sony better figour out a way to increase production of units, before the launch of a new Horizon / God of War.



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Well done Sony. Keep it up.



Check these hilarious commentsFunny Comments and replies

That's what we call a full and smooth transition.

PS4 completely dropped, PS5 leading the charge.



Great numbers and PS4 still managing to push some numbers, so not completely impossible to reach 120M.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

Excellent news and results for Sony and PS5. Plus the software sales for the FY for the division are crazy high.
I always had a feeling that this site was low on PS5 numbers, especially with consistent news that it was the top seller in Europe in Feb and the UK for 2 months. Since the console is actually sold out, the shipped to sold through ratio should be very close so there should be some adjustments coming.

Last edited by Blood_Tears - on 28 April 2021

Blood_Tears said:

Since the console is actually sold out, the shipped to sold through ratio should be very close so there should be some adjustments coming.

Why?

From the numbers, we know 7.8M consoles were manufactured by end of March (and sold-in, as currently everything that is manufactured is already sold to distributors), and we know roughly 270k consoles were manufactured per week.

It takes roughly 4 weeks to ship from China to Europe/America, considerably less to Asia. So we can assume a roughly 3 weeks supply was on ships floating to wherever they were heading to, so the sell-through by end of March should be around 8M.

That's pretty much exactly what the data here says.