PlayStation 4 sales hit 112.3 million worldwide, up 1.9 million in Q1

Sony's PlayStation 4 console hits 112.3 million units shipped globally as COVID-19 pushes console hardware sales worldwide.

@DeekeTweak
Published Tue, Aug 4 2020 3:10 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Sony just made gaming history with the best Q1 performance ever in the entire video games industry, driven primarily by software. PS4 hardware sales were down in Q1, but total PS4 shipments have now crested 112 million.

PlayStation 4 sales hit 112.3 million worldwide, up 1.9 million in Q1 1 | TweakTown.com
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Nearly seven years into its life cycle, the PlayStation 4 console is starting to incrementally slow down. The PS4 shipped 1.9 million units in Q1'20 (-40% YoY), Sony today announced, bringing total cumulative worldwide shipments to 112.3 million.

PlayStation 4 sales hit 112.3 million worldwide, up 1.9 million in Q1 2 | TweakTown.com

System sales materially contributed to Sony's gargantuan Q1 earnings by generating roughly $517,000 in revenues, but comprised less than 10% of total quarterly gaming earnings. The bulk of quarterly earnings was from software, which was up an astronomical 82% to over $3 billion.

PlayStation 4 sales hit 112.3 million worldwide, up 1.9 million in Q1 3 | TweakTown.com

Sony expects PlayStation 4 console sales to moderate throughout FY2020 as it introduces its new PlayStation 5 system. The company plans to manufacture 9-10 million PS5 consoles for the launch period, manufacturing sources say, and analysts predict Sony make available roughly 6-7 million units for consumer purchase.

Manufacturing sources say Sony plans to ship 120 million PlayStation 5 consoles by 2025, which would beat the PS4's current sales by more than 5 million units with two years left to spare.

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NEWS SOURCES:resetera.com, sony.net

Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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