04 Aug 2021 2:56 PM +00:00

Sony Are Confident PS5 Can Sell 22 Million Units By Next Year

Having recently hit 10 million PS5 sales, Sony's confirmed they expect to meet current shipment targets and ship 22 million before the end of the next financial year, March 31, 2022. Advising they've secured the necessary components, news came during Sony's Q1 2021 financial report.

Addressing shareholders directly during a conference call, Sony's chief financial officer Hiroki Totoki confirmed they hope to ship 14.8 million units from now until next year, hitting 22.6 million units. Despite the current global semiconductor shortage, he believes this remains an achievable goal.

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Sony Are Confident They Can Hit PS5's 22 Million Sales Target

Furthermore, Bloomberg's reported that the PS5's standard edition - priced at £450/$499 USD - is now turning a profit. While consoles are traditionally sold at a loss initially, seeing the PS5 begin turning a profit only 9 months into its lifespan is encouraging news for Sony, if true.

That's not all this meeting revealed, either. Sony also confirmed a 1.3 million drop in PS Plus subscribers from Q4 2020, alongside news that Ratchet & Clank: Rift Apart and MLB: The Show 21 had driven their latest quarterly earnings.

Source: Push Square via Twinfinite