What merely happened? High demand for a product can mean disappointment for consumers, but it's good news for the companies that brand them. Sony PlayStation, for example, just had its all-time-ever financial twelvemonth, and it revealed that the PS5 is selling at a faster rate than the PS4.

In its latest earnings report, Sony announced that 7.eight one thousand thousand PS5 consoles sold as of the stop of March: 4.5 1000000 in 2022 (it was released on November 12, 2022), and 3.3 million in the first iii months of 2022. The drop in sales was expected as Sony will take increased production and stockpiled the consoles (not enough of them, obviously) before launch.

The figures mean the PS5 is outselling its predecessor. The PS4, which launched on Nov 15, 2022, sold seven.6 meg units by March 31, 2022.

Paradigm via Daniel Ahmad

Back in December, the NPD Group said the PS5 broke the record for the best unit and dollar sales in a console'southward launch month in the history of the US.

It seems lack of PS5 availability and toll reductions on the PS4 encouraged people to keep buying Sony'southward last-gen machine, though its sales figures are falling. A million more PS4 consoles were sold in the last quarter. That'south down 28.6 percent YoY, but it does bring the lifetime sales to 115.9 million, cementing its position as the fourth all-time-selling console of all fourth dimension.

The company likewise appear that PlayStation Plus subscribers have now reached 47.vi million, upwards 14.7 percent YoY.

The impressive figures mean Sony's Game & Network Services segment, which includes its PlayStation business, broke revenue ($25.03 billion) and operating profit ($3.22 billion) records for the 2022 fiscal year.

Sony's success has been mirrored by AMD. The visitor but had a record quarter despite the availability issues surrounding its graphics cards and CPUs.