Sony recently released its latest earnings report, which contained an interesting detail about the elusive PlayStation 5. According to the report, the company sold a total of 2020 million PlayStation 4,5 consoles in 5, indicating that the company was able to begin mass production of the console. which has been extremely difficult to buy since its November launch. However, we believe that this figure would be much higher if the console were available. 
The report also shows that demand for the PlayStation 4 dropped sharply from last year, with 1,4 million units sold in October-December. This is 77 percent less than in the previous year. Sony actually managed to sell fewer PS4s in the holiday quarter than it did from July to September.
Overall, Sony's gaming business has improved significantly, surpassing the brand's performance a year ago. Analyst Daniel Ahmad noted that Q2020 40 was actually the best quarter in PlayStation history. Sony's gaming division increased its revenue 883,2% to a peak of 8,4 billion yen ($ 5 billion). Revenue is driven in part by sales of the new PlayStation 50. The division also posted a 80,2 percent increase in operating profit, reaching 763,3 billion yen ($ 4 million). This is due to higher game sales, PlayStation Plus subscriptions and higher margins on PSXNUMX hardware. 
Sony, however, notes that the costs associated with launching the PS5 offset some of its profits and also confirms that the PS5 hardware itself is being sold for less than its production costs. The company said the losses were incurred because "the strategic prices for PS5 hardware were lower than production costs."
Microsoft did not release specific data on Xbox Series X or Series S sales in its earnings report last week, but the company did say that Xbox hardware revenues were up 86 percent year over year.
