In a nutshell: Sony has published financial results for the last quarter. While game sales were up compared to the same period a year earlier, PlayStation 5 sales were down 1.3 million units, reflecting the chip shortage that still plagues the tech industry.

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Sony sold two million PS5 units in its fourth quarter fiscal year 2021. This brings the console’s total sales to 19.3 million, but this is still less than the 3.3 million units sold in the same quarter a year earlier. In addition, Sony reports that 11.5 million PlayStation 5 machines were sold during the fiscal year, a significant decrease from the 14.8 million it originally planned, the amount at which the PS5 could match or surpass the number of PS4 sales. at the same stage in their life cycle. .

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The problem, of course, is not lack of demand; it’s the global chip shortage that continues to hinder Sony’s efforts to secure components for its console. Nintendo has warned that the Switch may suffer the same problems later this year.

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Sony can take some comfort in the fact that it was a good quarter for PS4 and PS5 game sales, with 70.5 million titles sold, up from 61.4 million a year earlier. This figure includes 14.5 million in-house games. However, game sales for the full year fell to 303.2 million units from 338.8 million a year earlier, but the 2020 lockdowns have indeed given the gaming industry a significant boost.

PlayStation Plus subscribers dropped slightly year-on-year to 47.4 million in March 2022 from 47.6 million in March 2021, while monthly active PlayStation Network users dropped from 111 million to 106 million.

Sony expects things to improve in the next quarter with better component deliveries and increased sales of third-party games. It will also launch a rivalry with Xbox Game Pass. PlayStation Plus Extra and premium services.