Sony - Quarter 3 Financial Results 2022

[Hezekiah]

again for the folks in the back:


PS hardware +46%
Services +19%
Total gaming revenue +53%

vs

Xbox hardware -13%
Services -12%
Total gaming revenue -13%

That is unreal, Microsoft is getting its ass handed to it. Final Fantasy 16 and Spiderman 2 to come aswell

 

[Gediminas]

• PS5 units sold - 7.1M
• Lifetime PS5 units - 32.1M (3 million under PS4 at same point in life-cycle)
• Full game software units - 86.5M
• First party software units - 20.8M (+9.5M)
• Digital Download Ratio - 62%
• PS+ Subscribers - 46.4M (-1.6M)
• Monthly Active Users - 112M (+1M)

Revenue and operating income for gaming up quarter on quarter. Driven by hardware sales and 1st party software sales.



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[ethomaz]

PS5 shortage still going on?

At way less weight but yes it is still going.
In a typical holiday I think Sony can ship around 9m but ended with 7.1m.
So there is some production issues but not like last year when they shipped ridiculous 3.9m only.

 

[ethomaz]

I expected a big more PS5 shipment... 8-9m.
With these 7.1m they will need more 5.2m in Q4 to reach the Forecast of 18m.
I think they will miss the Forecast by 2m units.

 

[Darth Vader]

I expected a big more PS5 shipment... 8-9m.
With these 7.1m they will need more 5.2m in Q4 to reach the Forecast of 18m.
I think they will miss the Forecast by 2m units.

They were occasionally 3M+ per quarter with shortages... They won't be selling 3.2M only with their supply chain mostly fixed.

 

[Bodycount611]

That is unreal, Microsoft is getting its ass handed to it. Final Fantasy 16 and Spiderman 2 to come aswell

it is crazy, considering sony's improving on numbers that were actually good.

MS is going down on bad numbers... yikes.

this early on in... is not good.

It's going to be a very rough gen for Xbox owners. If the console manages to survive, expect more and more 3rd parties to sign w/ sony and abandon the xbox all together moving forward.

SQEX has already pulled the plug. Capcom is starting to bail on smaller projects like Megaman Battle network and Phoenix Wright. I would Imagine the big games like RE and DMC are next.

 

[ethomaz]

They were occasionally 3M+ per quarter with shortages... They won't be selling 3.2M only with their supply chain mostly fixed.

I don't remember any Q4 in the past having big shipment... it was in most cases below 3m... near 4m happened once 3.1m was the max with PS4 I believe.
And Sony is still having production/supply issues... the 7.1m already tells you that.

Edit - Fixed the near 4 million claim that was wrong.

 

[John Elden Ring]

Jim Ryan's effect

 

[ethomaz]

PS4 shipment data... look at Q4... the max it shipped was 3.1m in the first year.
8-9m is the norm for Q3 in the period PS5 is... that is why I say it is still facing production/supply issues.



Q4 is the weakest quarter in shipment because they try to allocate everything for holidays and production lines take vacation in January.
The Fab works in overtime in Q3 and after got the deserved vacation in January.

It will be a historical feat if Sony ships over 5.2m in Q4 to reach the 18m Forecast.

 

[Dabaus]

• PS5 units sold - 7.1M
• Lifetime PS5 units - 32.1M (3 million under PS4 at same point in life-cycle)
• Full game software units - 86.5M
• First party software units - 20.8M (+9.5M)
• Digital Download Ratio - 62%
• PS+ Subscribers - 46.4M (-1.6M)
• Monthly Active Users - 112M (+1M)

Revenue and operating income for gaming up quarter on quarter. Driven by hardware sales and 1st party software sales.



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I’m confused by the first chart, how much profit did the ps division make and how much profit over all did Sony as a company make? I see the 428.7 number. Surely they made more than 428 million dollars as the entire company? Or is that 4.2 billion?

 

[Bodycount611]

what are we thinking on real XBS numbers (not VGchartz).

I'm thinking it's really 16-18m xbox to 32m PS5.

Series S being 60+% of XB consoles sold.

PS5 vs XSX around ~6:1
overall ~2.5:1.

 

[Bodycount611]

worst part for MS is the better Sony does, the worse Xbox does.

PS5 is converting former XB users at a crazy rate, I imagine a lot of dudes still have a foul taste in their mouth over the XB1 generation.

I'll personally never buy another XB after owning an XBOne. Worst system I ever had, complete waste of money. the trust isn't there anymore. I don't even think i'm that extreme of a case, i bet most are thinking the same as me.

XB is a damaged, toxic brand. It's not even worth it as a secondary system( because it has no exclusive games anyways).

 

[AshHunter216]

What a kick in the nuts to MS after their earnings report. May actually be beneficial to the Activision acquisition.

Eh, the argument could be made that MS already owns enough and has enough coming this year to avoid a repeat of last year if they play their cards right.

 

[ethomaz]

@Dodkrake I doubt it but Sony is backing a 6.2m in Q4.
It is around double of what what Sony ever shipped with any console in Q4.




If that happens they will kill any advantage PS4 has already in Q4.

 

[Gamernyc78]

Bring that money in Sony and give me a VR Avatar or TLOU spin off horror VR game!!!!

Future looking bright for more Sony ip investments!!!!

 

[Bryank75]

Also a healthy physical games market on the console, about 40%!

Thank you sony for preserving games ownership.

This is by far one of my favorite things coming from this report.... so good to see physical healthy and all the physical haters proven wrong.

 

[Bryank75]

I’m confused by the first chart, how much profit did the ps division make and how much profit over all did Sony as a company make? I see the 428.7 number. Surely they made more than 428 million dollars as the entire company? Or is that 4.2 billion?

It's in Yen...

 

[Dabaus]

It's in Yen...

So its 428 billion yen for the whole company? Thatd be about 3.3 billion in usd, so i guess thats not that bad for theM?

 

[shrike0fth0rns]

• PS5 units sold - 7.1M
• Lifetime PS5 units - 32.1M (3 million under PS4 at same point in life-cycle)
• Full game software units - 86.5M
• First party software units - 20.8M (+9.5M)
• Digital Download Ratio - 62%
• PS+ Subscribers - 46.4M (-1.6M)
• Monthly Active Users - 112M (+1M)

Revenue and operating income for gaming up quarter on quarter. Driven by hardware sales and 1st party software sales.



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If PS is doing this well now I can imagine when it heavy hitter multiplayer games start dropping , like factions 2.

 

[Gamernyc78]

If PS is doing this well now I can imagine when it heavy hitter multiplayer games start dropping , like factions 2.

Ouuu talk it into existence, it is taking too damn long and I'm anxious for new Factions.