Sony Corporation released this Thursday its financial report for the second quarter of fiscal year 2021 (Q2 / FY2021), the period from June 1 to September 30. Apart from the 13.4 million units shipped of its new generation of consoles, PS5, there are other interesting data from the report that are worth analyzing. Segment gaming and networking services of the Japanese company leaves us a scenario marked by stability as users of PlayStation Network like PS More, although with slight changes compared to the same period a year ago.
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PS Plus grows 1.3 million subscribers in one year
The course 2020 was marked by the pandemic, which precipitated absolutely unusual growth rates in the market, especially in loyalty program subscriptions and the ratio of digital to physical software sales.
This caused Sony to reach no less than 114 million monthly players connected to the networks of PlayStation Network in the spring period of 2020, data that remained stable until Q3 of last year (from October to December 31, 2020), but that throughout 2021 they have had three consecutive quarters of decline, until staying in 104 million unique monthly users last quarter.
Talking about PlayStation Plus, year-on-year growth is 1.3 million members; with more than 900,000 new subscribers during the last quarter alone. In total, 47.2 million subscribers, the third best historical data; just below 47.4 million members in Q3 2020 and 47.6 million in Q4 2020 (January to March 2021), which is currently Sony’s all-time high.
That valley moment in which Sony is found shows that overcoming the barrier of 50 million players subscribed to PS Plus will not be easy to overcome, especially given how difficult it is to get hold of a PS5 right now, affected by the semiconductor crisis, which makes it difficult for the supply to be in line with the overwhelming demand.
The competition continues to grow; a generation based on loyalty
Also, the competition continues to grow. Xbox Game Pass it reinforces its position in the market and last January it already exceeded 18 million subscribers; Although Take-Two’s CEO said they were already around the 30 million, without confirmation from Microsoft.
The future is to convince users that their ecosystem is the most suitable for investing their weather, their savings and his confidence. The generation has only just begun.