Sony presented a report on the results of the quarter ended December 31. Sony sold just 3.9 million PlayStation 5 consoles last holiday quarter, not much more than the previous quarter. The tech giant is still unable to meet demand due to global problems in the supply chains of components. In total, Sony generated $26.49 billion in revenue in the last quarter, and operating income was $4 billion, up 13% and 32%, respectively, from a year earlier.
PlayStation 5
It is known that since the release of the consoles to December 31 last year, 17.3 million copies of the console have been sold, almost 3 million less than the PlayStation 4 for the comparable period. At the same time, it is worth noting that the PlayStation 4 was very easy to find in the first year of sales, and it is not possible to estimate the real demand for the PlayStation 5 due to the shortage.
Sony’s gaming division’s revenue fell 8% year-over-year to approximately $7.09 billion, but operating profit rose 12.1% to $810 million. forced to report a lower profit if it could satisfy the demand for set-top boxes in full.
Today, the PlayStation is Sony’s most important standalone asset, accounting for more than a quarter of total revenue and almost a quarter of operating income. Sony was forced to cut its gaming division’s sales forecast for fiscal 2021 (ends in March) by 6% to $23.73 billion – apparently, supply disruptions have continued throughout the year and will continue in the short term. Operating profit is expected to grow by 6% to about $3 billion. In total, only 11.5 million consoles are now planned to ship for the year, instead of the expected 14.8 million.
The camera sensors division performed well, with sales up 22% to $504 million. Operating income rose 26% to $116 million. Revenue growth driven by strong sales of smartphone cameras, much of which is in the premium segment, according to Sony . The film division performed admirably, with revenue soaring 141% year-over-year to $4.02 billion, driven by the huge success of Spider-Man: No Way Home.
