The PS5 launched in November of 2020 and for anyone who’s vaguely interested in the sphere of gaming, it was a special event and an even bigger deal than we think anyone expected. We’re not talking about the severe supply shortage that’s still stifling all those folks still stuck on the old PS4 but rather about the sales numbers. Sony announced its financials regarding the PS5 earlier today and the numbers are truly staggering: In just under six months, 7.8 million PlayStation 5s have been sold.
In the first three months of 2021, 3.3 million PlayStation 5s have been sold to avid gamers and you just know that number would be even bigger if it weren’t for the severe supply shortages Sony has been experiencing. Clearly it’s been a gangbuster year for Sony’s hardware, but what about their software? Well, considering the whole world ground to a halt thanks to the pandemic, more people turned to their consoles for entertainment. Thus, Sony saw a massive spike in its users and software sales, as well a massive increases to their subscription service, PlayStation Plus.
PS5 = Bank
There are now a total of 47.6 million subscribers to Sony’s online service PlayStation Plus which allows subscribers to play games online and rewards folks with a handful of “free” titles once a month. In the last three months, 109 million PlayStation Network accounts were opened, which is a huge amount of people both buying games and looking to grab some of those free titles Sony’s been handing out as a part of its Play at Home initiative.
In terms of net income Sony also saw an impressive bump. In the first three months of 2020, Sony’s net income was sitting on $116 million and in that same time frame this year, Sony scooped a whopping $938 million. Isn’t it amazing what launching a next-gen console can do for your revenue?