Since its launch in late 2020, the PlayStation 5 is still hard to find in the market due to the lack of chips caused by the Corona virus outbreak. The good news is, Sony claims to have acquired a large number of chips to meet this year’s PS5 production target.
While discussing Sony’s financial statements for the first quarter of 2021, Sony Chief Financial Officer Hiroki Totoki said that the company has acquired enough chips to meet the sales target of 14.8 million PS5 units by March 2022.
"The semiconductor shortage has had an impact in many areas and in many ways, we have taken some action," Totoki was quoted as saying by Gamespot on Thursday (8/8/2021).
"For the PS5, a target has been set for the number of units to be sold this year, and we have ensured the number of chips needed to achieve that target. Regarding the provision of semiconductors, we are not worried," he continued.
Not long ago, Sony announced that it had sold 10 million units of the PS5 since its launch nine months ago. In Q1 2021 alone Sony sold 2.3 million units of the PS5, so they only need to sell another 12.5 million units to meet their target for this fiscal year.
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Sony also revealed that they will start making a profit from selling the standard edition PS5. For the PS5 Digital Edition, Sony admits that it is still incurring losses but these losses will be compensated by the sale of other hardware such as accessories and the PS4.
Interestingly, PS4 sales in this quarter were still quite high and reached 500,000 units, and in total there are 116.4 million PS4 units sold so far. Apparently this is influenced by the difficulty of finding a PS5 in the market.
High demand for the PS5 also boosted Sony's profits this quarter. Sony posted a profit of 280.1 billion yen, which represents a significant increase from the 221.7 billion yen profit reported in the previous year.
Rarely does the PS5 on the market really bother gamers who have been waiting a long time to try out this console. At grocery stores, PS5 re -stocks are usually volatile and the number of units available is so limited that they run out in minutes.
Not to mention the problem of hoarders buying a PS5 at a grocery store using a boat, and then reselling it at a higher price. Retailers have tried various ways to combat the boat, but the effect is not so noticeable.
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APPS & GAMES
