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Sony has enough materials to reach PS5 sales target

That late cfo Hiroki Totoki to let investors know as part of the company’s quarterly financial statements release. Sony plans to ship a total of 14.8 million units of the console this fiscal year, which ends March 31, 2022. This should be possible despite the worldwide shortage of semiconductors.

“The shortage of semiconductors affects many areas. Thanks to various measures, we have taken action,” Totoki reports. “We’ve secured a number of chips to meet our sales target for this year. We’re not worried about the semiconductor shortage.”

Despite the CFO’s comment, there is still a worldwide shortage of PlayStation 5 systems. New deliveries are sold out in minutes and various shops hold raffles to determine who can buy a PlayStation 5.

To date, 10.1 million units of the PlayStation 5 have been shipped worldwide, Sony reports. The PlayStation 4 has shipped 116.4 million copies. Last quarter, which ended on June 30, shipped 2.3 million PS5 copies and 500,000 PS4 copies. 1.9 million units of the PS4 were shipped in the same period last year. This decrease is mainly attributed to the arrival of the PS5. As of June 30, 2021, there are also 46.3 million PlayStation Plus members.

Sony’s software and network revenues are up in the past quarter decreased by fifteen percent compared to the same period last year. The company mainly attributes this to the fact that more people were staying at home due to the corona virus during the same period last year, as well as the release of The Last of Us: Part 2 in June 2020. Nevertheless, sales of games like Ratchet and Clank: Rift Apart and MLB The Show 21 exceeded Sony’s expectations. As for the latter title, the fact that the game has appeared on other platforms is specifically pointed to as a possible reason for this.

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