Sony’s massively-popular PlayStation 4 has smashed another sales milestone. In its latest financial earnings, the company revealed that 1.5 million consoles, a figure that covers all configurations, including the PlayStation 4 Pro which is, in the three-month period that ended on March 31st, 2020.
That brings lifetime sales to 110.4 million, a figure that’s just shy of the original Game Boy and Game Boy Color. WOW!
But It’s A Figure Down From Last Year’s Sales
However, he PlayStation 4’s momentum has slowed, though. The company sold 2.6 million consoles in the same period last year, and fiscal year (April 2019 to March 2020) sales were down by 4.2 million. It’s unlikely, therefore, that the ageing system will take the ‘all time best-selling console’ crown from the PlayStation 2.
Sony won’t mind, though. The company is scheduled to release the PS5 this year, which will undoubtedly boost hardware sales. In its earnings, the company reiterated that the system is “on track for launch in this holiday season.”
Playstation 5 Will Boost Sony Further
PlayStation 5 should give Sony’s entire business a much-needed lift. The company reported fiscal year sales and operating revenue of 8.26 trillion yen (roughly $77 billion), which was 406 billion yen (roughly $3.8 billion) less than the previous 12 months.
Sales and revenue for the fourth quarter slipped to 1.7 billion yen (roughly $16.3 billion), down billion yen (roughly $3.6 billion) year-over-year. A weaker gaming business was partly responsible for the downturn.
Sony’s Game & Network Services division brought in sales and operating income of 1.98 trillion yen (roughly $18.5 billion) for the fiscal year, which was was down 14 percent from the previous 12 months. Sony blamed a decrease in console sales, unfavourable exchange rates, and a dip in game sales for the decline.
But will it be that case? Well, let’s just wait & see okay?