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Forums - Sony Discussion - Sony Q3 2024 results- 75 million PS5's shipped. 9.5M in Q3

For the first 9 months of the fiscal year hardware is only down 4% YoY, but operating profit is up a massive 75%.

PlayStation had an operating profit of 322 billion yen. This is probably the first time they have had a more profitable period than Nintendo in quite a while. Nintendo had 247 billion yen for the same period.

Last edited by Zippy6 - on 13 February 2025

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3/4 the way to 100M already and people still saying it was a failure and Sony was doomed, lol.

Good to see we got another 20M year, probably the last one of those if Sony has no intention of giving it a price drop.



I predicted a hardware decline of about 5 million for 2024 vs 2023, but that was before December 2023 numbers which were much weaker than I anticipated.

The economy is harder to read than ever, but if prices don't go up and GTA6 does launch in or before October, I expect this year to beat 2024, and 2026 to maintain strong sales.



Zippy6 said:

For the first 9 months of the fiscal year hardware is only down 4% YoY, but operating profit is up a massive 75%.

PlayStation had an operating profit of 322 billion yen. This is probably the first time they have had a more profitable period than Nintendo in quite a while. Nintendo had 247 billion yen for the same period.

AFAIK last quarter PS had earned USD 990M compared to USD 440M for Nintendo, and for the whole calendar year until then, 2.03B compared to 1.22B.

This was actually Nintendo's strongest quarter in the year, relatively speaking.



 

 

 

 

 

PotentHerbs said:

Monstrous quarter for the PS5.

They will easily hit their 18M+ FY target. What's interesting is 42% of PS5 purchases in the last quarter were from new users.

Purely my take on it, but it sounds logical for the new to playstation ratio keep increasing mid to late gen, as a lot of people that are deep into the ecosystem should upgrade sooner rather than later, IMO.



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Geralt99 said:

PS5 Q3 2024-9.5 million vs Q3 2023- 8.2 million.
-That is 1.3 million higher than 2023' holiday quarter without any major first party release. (2023 had Spider-Man 2)

- nearly twice the amount of Nintendo Switch's Q3 2024 shipments. (9.5M vs 4.82M)

Phenomenal results all round. Definitely exceeded all expectations

They are basically the only game in town now. Not surprising. 



Drakrami said:
Geralt99 said:

PS5 Q3 2024-9.5 million vs Q3 2023- 8.2 million.
-That is 1.3 million higher than 2023' holiday quarter without any major first party release. (2023 had Spider-Man 2)

- nearly twice the amount of Nintendo Switch's Q3 2024 shipments. (9.5M vs 4.82M)

Phenomenal results all round. Definitely exceeded all expectations

They are basically the only game in town now. Not surprising. 

Well it's a declining period for Nintendo and will be until Switch 2 gets released. A bit unfair to compare Switch's worst Q3 with PS5's peak Q3, Switch's peak Q3 was 11.57M in 2020.



Amazing quarter for the PS5 beating expectations which were already high. The PS5 Pro seems to have made a notable difference and after adjustments it sold about the same this year as the PS4's Peak year so its best year beats the PS4's peak and it matches it the following year so after a rough first couple years due to stock issues it's done a really great job closing the gap.

2025 should also be a strong year for it especially if GTA 6 doesn't get delayed though I imagine another notable factor in its very strong holiday performance was people picking one up in preparation for that releasing so most people buying that at launch will already have a PS5 when it releases. It should still do really well this year though and potentially do better than last year so the PS5 is having a strong mid life for sure. With Xbox hardware heavily declining and the recent FH5 announcement likely followed by other big ones in the coming months some Xbox players switching this year could help give a nice boost. Also there's at least a decent chance the PS5 fully closes the gap this year with the PS4 and starts getting a small lead over it the following years so Playstation is in overall a great place for the time being even with the recent live service woes. The 2030's could be trickier but that's some time away.

twintail said:

Took from ResetEta, but this is good news for Sony:

Do you know how this compares to an average quarter?



PotentHerbs said:

Monstrous quarter for the PS5.

They will easily hit their 18M+ FY target. What's interesting is 42% of PS5 purchases in the last quarter were from new users.

There is room for growth then.... like 117m doesn't have to be the limit.
They just need to price it to the point where people can easily jump on it, and get some serious 1st party games out.

Also intresting to see what GTA does for it.



BraLoD said:

Purely my take on it, but it sounds logical for the new to playstation ratio keep increasing mid to late gen, as a lot of people that are deep into the ecosystem should upgrade sooner rather than later, IMO.

If I'm not mistaken, this stat is about users who are new to the platform, so it wouldn't count people upgrading from PS4.