Business

Sony plans to sell 18M PlayStation 5 units this year

Tech firm says it sold 11.5M units last year

Japanese tech firm Sony plans to sell 18 million units of its PlayStation 5 gaming console this year, the company’s chief financial officer (CFO) said in a statement on Tuesday.

“Our unit sales forecast for PS5™ hardware is 18 million units, a number based on our current visibility into parts procurement,”Hiroki Totoki said.

If realized, this would be a 56.5% increase from the financial year ending March 31 when the tech company sold 11.5 million units.

The company had a 112.9-billion-yen ($0.87-billion) net income in the January-March period of this year, according to its financial results statement released on Tuesday.

It generated sales worth 2.74 billion yen from its Game & Network Services.

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