Sony's holiday PS5 sales dropped 16 percent compared to last year
Briefly

Sony's holiday PS5 sales dropped 16 percent compared to last year
"Sony has now shipped 92.2 million PlayStation 5 consoles in total around the world, but sales were down sharply over the holiday season compared to last year. In its latest earnings report, the company said it shipped eight million PS5s during its key third quarter, 1.5 million (16 percent) lower than in the same period last year. The gaming division still made more profit, though, thanks to a boost in software sales and a low yen."
"Software sales, however, were exceptional in Q3 this year. Sony sold 97.2 million games compared to 95.9 million the year before, and boosted digital sales to 76 percent, up 2 percent year-over-year. Sony said it also saw a record 132 million monthly active users on the PlayStation Network. New games on the horizon for PS5 include Resident Evil Requiem (February 27), (February 17) and Bungie's (March 5)."
"With PS5 sales down a bit, it does raise the question of when the company's next console is coming. The PS4 went seven years before being replaced, but given continued strong sales, high RAM prices and recent hardware updates, analysts figure that the PS5 is likely to have a longer life cycle. When the PS6 does arrive, however, it could offer triple the performance of the PS5."
Sony has shipped 92.2 million PlayStation 5 consoles worldwide. The company shipped eight million PS5s in its key third quarter, 1.5 million (16 percent) fewer than the same period last year. The gaming division increased profit thanks to stronger software sales and a weaker yen. Sales in the first two quarters of the fiscal year rose, while the previous holiday period was an outlier at 9.5 million units. Sony sold 97.2 million games in Q3 and increased digital sales to 76 percent. PlayStation Network reached a record 132 million monthly active users.
Read at Engadget
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