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Sony sold 4.5 times more PlayStation 5 consoles than phones in the last quarter of 2020

Can the Xperia 1 III save Sony Mobile? (Source: Voice)
Can the Xperia 1 III save Sony Mobile? (Source: Voice)
Sony has released its financial performance report for October to December 2020. They show that the company shipped approximately 4.5 million PS5 units during that time, compared to about 1 million phones. It also posted 208% greater operating profits year-on-year (YoY), even though there were also 2% less sales for this quarter.
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Sony has released its final report for the last quarter of 2020, although those 3 months actually represent the third quarter of its financial year. By any definition, it resulted in 2.7 trillion yen (~US$25.7 billion) in revenue, with 359.2 billion yen (~$3.4 billion) in operating profit, which represented 8 and 20% more YoY respectively.

The company also noted that it sold 4.5 million units of the new PlayStation 5 in its third financial quarter of 2020. Then again, it sold 6 million PS4s in the same quarter of 2019, showing the possible impact of the newer console's stock crisis, which hit particularly hard during the latest winter holiday season.

Nevertheless, the PS5 Classic and Digital Editions pushed Sony's gaming-related revenue to 883 billion yen (~$8.4 billion) yen of revenue for that division of the OEM, ~40% more compared to its third financial quarter of 2019 (3FQ2019).

However, this success did not also apply to Sony's mobile division. It reported selling 1 million units of its smartphones, or 23% less compared to 3FQ2019.

This comparatively hampered performance might be explained by a number of choices, including Sony's insistence on keeping its strange nomenclature up, which may in turn hurt sales it already feels it needs to boost with free bundled high-end audio products.

The Sony PS5: still out of stock at Best Buy

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Deirdre O'Donnell
Deirdre O'Donnell - Senior Tech Writer - 4018 articles published on Notebookcheck since 2018
I became a professional writer and editor shortly after graduation. My degrees are in biomedical sciences; however, they led to some experience in the biotech area, which convinced me of its potential to revolutionize our health, environment and lives in general. This developed into an all-consuming interest in more aspects of tech over time: I can never write enough on the latest electronics, gadgets and innovations. My other interests include imaging, astronomy, and streaming all the things. Oh, and coffee.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2021 02 > Sony sold 4.5 times more PlayStation 5 consoles than phones in the last quarter of 2020
Deirdre O'Donnell, 2021-02- 3 (Update: 2021-02- 4)