Sony has reported its Q3 2021 results and in the Games and Network Services segment, which houses PlayStation, the company reported a year-over-year (yoy) decline in revenue to ¥813.3 billion ($7.1 billion) compared to ¥883.2 billion ($7.7 billion) during the same period last year.
Part of the decline was attributed to a decrease in hardware sales due to the shortage of semiconductors which impedes PS5 production.
For the Q3 quarter, PS5 shipped 3.9 million units, bringing lifetime shipments to 17.3 million compared to 20.2 million PS4 units sold during the same timeframe. The company originally estimated it would have shipped 22.6 million PS5 units by March 31,2022 but that figure has been revised.
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