Another interesting earning report from the gaming industry and of course, Playstation maker Sony has already reported and proven why Playastaiton remains an important market and basically one of its primary.

Sony announced its Q3 2022 performance which ended on December 31st and as a conglomerate, the company did an equivalent of $26.6 million in net sales which is an 13% of improvement compared to last year, although it has spent more than it was gaining with a -8% of operating income compared to last year’s metrics.

I am not describing each businesses that Sony make its earning counts but with the exception of its corporate business, the Music, Pictures, the Entertainment, Technology And Services (the house of Sony Pictures), Image Solutions and of course, Games & Networks Services are in positive and NOW, I can concentrate in that one.

Games & Networks Services house everything on Playstation and it is more than half of sales for the Japanese veteran.

Sony claims that  7.1 million PS5s shipped in the three months leading up to December 31st, 2022 and this means that the Playstation 5 shortage is beginning to be a thing in the past and its double the performance of 2021, when the console was a year old.

With this, Playstation 5 global count now 32.1 million units shipped, a goal that Sony originally expected to be 30%.

About capitalizing on improvement of PS5 availability, Sony justified that 2% of the 8 in decline of operation income is actually raising funds to have more consoles manufactured and avoid more shortages.

Finally, PlayStation Plus subscriber numbers rose to 46.4 million on a quarter-over-quarter but still down from 48 million in the same quarter the previous year, with revenue from network services increased by around 17%, suggesting that Sony’s revamped PlayStation Plus subscription tiers are pushing up average revenue per user.