Sony reveals it has sold 7.8 million next-gen PS5 consoles as its PlayStation business rakes in the profit

Sony has sold a staggering 7.8 million next-gen PS5 consoles the company has revealed in its latest earnings call. The huge number of sales is reflective of just how in demand and difficult to find it has been since it went on sale in November. When averaged across the five month period, the PS5 has been selling around 1.56 million units a month, or around 50,000 sales a day.

The PlayStation business is Sony’s most profitable, and the PS5 represents another hit for the company. According to Sony, the fourth-quarter operating profit totalled US$3.14 billion, which is a record for the company. It was only earlier this month that NPD reported that the PS5 has had the fastest new gaming platform launch ever in the US. 

Shortages of the Sony PS5, of course, continue to be an issue and comes amid a general shortage of silicon caused by a spike in world-wide demand following the pandemic. Not only were more consumer electronics purchased for working from home purposes, but gaming sales also took off as people looked to entertain themselves from home. There’s always the PS4, if you can’t get a PS5, which still sold 1 million units in the last three months of 2020.