Sony Reports Record Holiday Quarter as PlayStation 5 Sales Hit 75 Million

The gaming and music divisions drove an 18% revenue increase, while first-party game sales declined.

Sony sold 9.5 million PlayStation 5 units in the holiday quarter, marking its best quarter yet and bringing lifetime sales to 75 million.
The gaming division's revenue rose 16% year-over-year to $10.9 billion, with operating profit increasing by 37%.
PlayStation Network monthly active users reached a record 129 million, driven by new users and higher engagement.
The music division saw a 14% revenue increase, bolstered by streaming services and major album releases.
Sony raised its full-year profit forecast to $8.7 billion, citing strong performance in gaming and music.