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Sony sold 4.5 million PS5 consoles worldwide last year. However, the Japanese manufacturer is now facing a shortage of components, which could make finding where to buy the PS5 more difficult than it already is.
Sony had already claimed that the PS5 was the biggest launch in its history. But it is amazing that it has managed to sell a huge number of consoles in less than two months since its launch in the United States on November 12.
If you’ve been following our post-launch coverage of the PS5, it won’t surprise you that Sony has sold large numbers of PS5 consoles, especially given that the PS5 is almost always out of stock. And PS5 parts are sold in a matter of minutes. But these console sales indicate the huge appetite there is for Sony’s new console, even though there are not a large number of PS5 games to play.
However, the most surprising information is that Sony is selling the PS5 at a loss. That means if you are lucky enough to have found the PS5 with disc drive or the digital edition of PS5, you will have a little technological bargain.
Sony didn’t break down the exact cost of making a PS5 and then selling it for $ 499, or $ 399 for the digital edition. But Sony noted that it had to offset some earnings gains due to “strategic price points for PS5 hardware that were set below manufacturing costs.”
That’s understandable given that the PS5 provides users with 10 teraflops of graphics power, a next-gen PCI 4.0 SSD, the DualSense controller equipped with advanced haptics, and a console that’s capable of delivering 4K ray-traced gaming. An equivalent PC would probably cost you $ 1,500 or more.
This is nothing particularly new, as Sony sold the PS3 at a loss. Doing so allowed him to bring a Blu-ray player into many homes. And with Sony getting a cut of every Blu-ray sold, making an initial loss on hardware was a smart move. Sony also makes a lot of money from game sales and service subscriptions.
So it’s no big deal that Sony is doing something similar with the PS5. From our experience with the console, it’s clear that services like PlayStation Plus are front and center, and the interface is pretty good for flagging new games to buy, all of which puts money in Sony’s coffers.
It’s no exaggeration to predict that the more than four million PS5s sold last year will continue to make money over the life of those consoles.
This is good in two ways. The PS5 is arguably a $ 499 bargain given the hardware and performance it offers, plus it comes with an innovative controller. And the more money Sony makes over time, it means better services for gamers, as the Tokyo-based company continues to support and build games like PlayStation Plus.
Of course, easier said than done. And getting a PS5 is still stupidly difficult, and the stock situation likely won’t change for a few months. But when that changes, 2021 is shaping up to be the year of the PS5.
