Sony remains to be struggling to make sufficient PlayStation 5 consoles to maintain up with demand. During its key vacation fiscal quarter, it shipped 3.3 million models for a complete of 17.3 million since launch, the corporate stated in its earnings report. That’s significantly behind the 20.2 million models the PS4 had managed on the identical level in its life cycle.

Because of that, Sony reported 813.3 billion yen ($7.09 billion) in income for its gaming division, down from 883.2 billion yen ($7.703 billion) over the identical quarter final 12 months. However, working revenue rose 12.1 p.c to $810 million, as a result of Sony really loses cash on every PS5 console offered. 

Sony CFO Hiroki Totoki stated in an analyst webcast that individuals need to purchase PS5 consoles, however companions cannot provide parts because of the ongoing chip scarcity. Sony expects that state of affairs to proceed in the course of the coming 12 months, which means PS5s is probably not any simpler to seek out, significantly within the first half of 2022. 

Sony lowered its forecast for PS5 shipments for the fiscal 12 months to 11.5 million models, down from 14.8 million. As such, it dropped its full 12 months income estimate for its Game & Network Services (G&NS) division by 170 million yen ($1.48 billion). At the identical time, it expects 6 p.c extra revenue regardless of decrease recreation gross sales, because of the aforementioned unprofitable consoles.

Sony’s gaming division is its largest cash maker, accounting for round 1 / 4 of its total income and income this quarter. However, its imaging division additionally fared effectively in fiscal Q3, with a 22 p.c enhance in income year-over-year, because of gross sales of its premium smartphone picture sensors. Its film division, in the meantime, noticed a big bounce in income to $4.02 billion due largely to the success of Spider-Man: No Way Home.