Sony has just released its latest financial report. In addition to updates about other parts of its business, the financial report confirms an updated sales figure for the PS5 console in the first quarter of fiscal year 2023.

According to the report, the PS5 shipped 3.3 million consoles last quarter.

Why it matters: This figure means that the console has reported its best first quarter since its 2020 release, further highlighting the dominant position of the PS5 in the gaming industry.

PlayStation 5 PS5

Furthermore, the total number of shipments adds up to 41.7 million sales for the console. Compared to Q1 from last year, the console has sold an additional 0.9 million units

Looking at the console’s success in recent months, it is not surprising that Sony has reported the best Q1 results for the PS5 yet. Following years of shortages, the latest console has seen a massive surge in sales.

This surge has lasted for the better part of 2023. Previous earnings reports have also boasted record-breaking numbers for PlayStation, and the latest report appears to highlight continued growth for the gaming giant in key areas.

The next few months will include highly anticipated releases like Spider-Man 2. This should lead to another successful quarter for PlayStation as the gaming giant continues its impressive run in the gaming industry.

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Avinash Jaisrani
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