Despite rampant component shortages, Sony still managed to sell 7.8 million PlayStation 5 consoles through the end of March 2021. That exceeds the number of PlayStation 4 consoles—7.6 million—that it had sold during the same time frame following that console’s launch in 2013.

Sony reported that it earned a net income of $1 billion on revenues of $21 billion during the quarter that ended March 31; the latter figure represents a gain of 27 percent year-over-year (YOY). And gaming accounted for $300 million of the net income and $6 billion of the revenues.

The star of the show, of course, is the PlayStation 5. Sony sold 4.5 million units in the console’s launch quarter and then another 3.3 million in the most recent quarter, putting Sony on track to achieve its goal of selling 8 million units by the end of the fiscal year (which happens at the conclusion of the current quarter). But the PS4 is still hanging on, too: Sony sold another one million units of its previous console, bringing the total number of consoles sold to 116 million.

Sony also reported that its PlayStation Plus subscriber base grew 14.7 percent in the quarter to 47.6 million.

Tagged with PlayStation 5