Sony has a relatively sizable hardware problem that would've been really hard to foresee prior to launch. Not only did covid hit, but the PS4 to PS5 was one of the smoothest transitions in PS history, so who wouldn't want a PS5 asap?
People like me won't be buying newer games without a PS5, especially first party games. We want to play them on a PS5. I still don't have a PS5, but when I can fairly easily pick one up, I'll be grabbing many of those titles that have been on the shelves for quite some time. Years for some of them.
Games like HFW and GOWR will grow in sales slowly over time. The longer those games sit on the shelves as buyers wait for a PS5 to play them on, the cheaper they will become, and the less Sony will make on them, especially compared to their predecessors.
Then there's the recent PS Plus upgraded service, and the longer it takes consumers to get a PS5, the more likely those titles will have landed on Plus, so many won't purchase the game again separately, assuming they've signed up for Plus.
This gen is somewhat opposite of last gen. This time PS had enough (good) games since launch, but hasn't had near enough hardware supply.