PS5 sales top 17 million in 2021, Sony promises 10 live service games by 2026

Sony is expected to launch more than 10 live service games by 2026, the company announced in its latest earnings report on Wednesday. The company revealed it sold 3.9 million PlayStation 5 units in Q3 2021, bringing the total number of current-gen consoles sold by Sony to 17.3 million, well ahead of Microsoft and its Xbox Series consoles. S/ X. Sony says it expects to sell 19.3 million units in total by March 2022, down from its previous estimate of 20.2 million.

During the company’s earnings report for the previous financial quarter, Sony said it intended to launch more than 10 live service games by the fiscal year ending March 31, 2026 through a close collaboration with the recently acquired Bungie and PlayStation studios. Sony hasn’t revealed any of the live-service titles it’s working on yet, but they’re expected to compete with Epic Games’ Fortnite and Microsoft’s Minecraft and Sea of ​​Thieves (Review). The company is looking to accelerate proprietary software revenue after the Bungie acquisition.

Sony expects user engagement to increase in the current quarter ending March 2022, driven by major first-party titles such as the critically acclaimed God of War for PC and the upcoming release of titles like Horizon Forbidden West and Gran Turismo 7. Playtime in December 2021 was 20% lower year-over-year from December 2020, shortly after the PS5 launched, according to the company.

The company has revealed that although it has sold 17.3 million PS5 units so far – 3.9 million units last quarter – it has changed its estimate of 20.2 million total console sales by March 2022. Instead, Sony expects to sell a total of 19.3 million units. – lower than the company’s PlayStation 4 sales in the same period, according to an industry analyst Daniel Ahmed. This can be attributed to the global shortage of semiconductors and chips. Microsoft has reportedly sold 12 million units of its current-gen Xbox Series S/X consoles so far, Ahmad recently reported. revealed.