Saturday, August 13, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Gaming Console

4.5 Million PS5 Consoles Were Sold In Q4 2020

by Ian Chee
February 3, 2021
Sony PlayStation 5 PS5
84
SHARES
Share on FacebookShare on Twitter

Scaplers aside, the fact that it’s so difficult to get a PS5 is a sign that it sold very well. And according to Sony’s earnings report, the company said that it sold 4.5 million units of the console.

That many consoles being sold, among other things, brought JPY883.2 billion (~RM34.04 billion) in revenue for the company. Other sales that contributed to the figure ranges from 1.4 million PS4 consoles being sold, despite many versions of it recently getting discontinued.

Sony PlayStation 5

ADVERTISEMENT

Though despite the strong numbers, actual profit figures went downwards instead. This is because the company sold the PS5 at “strategic price points” that were lower than manufacturing costs. No real surprise there, as reports prior to the console’s launch already pointed that the company is either making a very slim margin or outright lose money for each console it sells, at least in the early days.

That being said, Sony expects to sell slightly better in the current quarter. The company predicts a one-percent increase in revenue by 31 March. This naturally means that the company intends to make more PS5 consoles. But beyond that, hopefully the company also has steps in place to ensure that the consoles actually get to consumers.

(Source: VentureBeat)

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Tags: playstation 5ps5SIESonySony Interactive Entertainment
Updated 9:19 am, Thu, 4 February 21
Back to top
Share34Tweet21SendShare

ADVERTISEMENT

RELATED ARTICLES

PlayStation Summer Sale
Gaming

PlayStation Summer Sale Sees Games Discounted By Up To 80 Percent

by Ian Chee
August 2, 2022
sony ps5 playstation 5
Gaming

PS5 System Software Beta Adds 1440p Support

by Ian Chee
July 29, 2022
PS Plus free games August 2022
Gaming

PS Plus Free Games For August 2022 Has Two Big Winners

by Ian Chee
July 28, 2022
PlayStation VR2
Gaming

PS VR2 Has A See-Through Mode, Supports Live Streaming

by Ian Chee
July 27, 2022
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Apps

    WhatsApp Is Giving You Two Whole Days To Delete Messages

  2. 2
    Fintech

    Maybank Apple Pay Page Is Now Live [UPDATED]

  3. 3
    Fintech

    Apple Pay Finally Arrives In Malaysia: Supports Maybank, AmBank, and Standard Chartered

  4. 4
    Telco

    Maxis And U Mobile Reportedly The Only Holdouts From DNB 5G Network

  5. 5
    Console

    4.5 Million PS5 Consoles Were Sold In Q4 2020

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.