Sony had a pretty good quarter.
HIGHLIGHTS:
Sony shipped 2.6 million PS5 consoles during the quarter (down 35% from 4 million during the same period last year)
Cumulative PS5 shipments have now reached 97.9 million units worldwide
Helldivers 2 has become Sony's fastest-selling title ever, with 12 million units sold in 12 weeks, surpassing the record previously set by God of War Ragnarök.
Sony projects 18 million PS5 units shipped for FY 2024
It’s safe to say the PlayStation 5 will cross 100million units after this current holiday quarter. There’s no denying Sony’s hardware success here - another console over the century mark! Despite the slowdown in hardware shipments, PlayStation's existing audience is continuing to buy games - and that's exactly what you want to see from a mature console platform.
That said, I expected Wolverine to generate a little more momentum. I'm not suggesting the game is a failure, but considering the profile of this release and the PS5's massive install base, the numbers do feel somewhat underwhelming to me.
Overall, PlayStation Is in Good Shape
Again, these are very good quarterly results for Sony.
The PS5 will cross 100 million units by the end of this quarter (especially with GTAVI dropping), software sales are growing, and the existing install base continues to support the platform.
I still have questions about Sony's first-party strategy and whether it's releasing enough major exclusives to keep its audience engaged long term. But these numbers are encouraging.
Overall take? Great numbers for Sony. A little disappointing for Wolverine.
Let's see what the next quarter brings!