Sony has published its financial results for the third quarter of FY2019 (October 1 - December 31). Unsurprisingly, the continually dropping sales of PS4 have hit the company’s bottom line. The games segment saw a drop of 20% in revenue, encompassing both hardware and software. Just like Xbox One, PS4 sales have also been dropping in past years as we approach the end of the generation. The third quarter of every financial year covers the holiday season, where sales records are usually broken. However, following the 2016 holiday’s 9.7 million units, PS4 consoles have been selling less and less every Q3 since. This past holiday season, only 6.1 million units were sold, a drop from 8.1 the year before.
This brings the total to 108.9 million units sold over the PS4’s lifetime so far. The next Q3 will be when PS5 officially releases, so that should pick up the slack as PS4 continues to decline into next year. During the same earnings call, Sony also said it’s not yet ready to reveal PS5 price, in part because of the competition. For a thorough recap of everything we know about PS5, including confirmed specs, launch window, PS5 games and more - hit the link.
