PS5 to hit shipping target as Sony secures chips due to semiconductor shortage

Sony is confident that it will meet its ambitious goal of shipping the PlayStation 5, as it has successfully secured the components necessary to achieve its lofty goals. Despite an ongoing semiconductor shortage, the company has been optimistic about its prospects for next-generation consoles, already surpassing the 10 million units sold to consumers.

For the current fiscal year – which ends on March 31, 2022 – the company plans to ship 14.8 million units, which it hopes will help it reach an installed base of nearly 22 million. , 6 million units in less than 18 months. And that goal is still very achievable according to CFO Hiroki Totoki, who confirmed on a conference call earlier today that he has secured the chipsets needed to make so many machines.

The company is now heading towards profitability on the platform, with Bloomberg reporting that it is now making a profit on the flagship model at $ 499.99. Assuming this is correct, Sony is in an incredibly strong position to move forward, as the console is already competitively priced and is selling steadily. Achieving all of this during a pandemic is impressive.