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Sony reports 'significant' sales increase following PS5 launch
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The launch of the PlayStation 5 in November contributed to a "significant" sales increase within Sony's Games & Network Services (G&NS) segment.
As highlighted in the company's fiscal report for the three months ended December 31, 2020, sales in the division rose by 40 percent year-on-year to 883.2 billion yen ($8.4 billion). Operating income also increased to 80.2 billion yen ($763.4 million) from 53.5 billion yen ($509.3 million) over that same period.
Sony said rising software and hardware sales were responsible for that upswing, with the PlayStation 5 hitting the ground running after selling 4.5 million units worldwide.
The next-gen console launched in the U.S. on November 12 before landing in the UK and other regions on November 19, and according to Sony is well on track to meeting its sales goal of 7.6 million units for the fiscal year despite stock shortages.
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