PlayStation 5 finally has prices.

Sony forecasts lower PS5 sales due to chip shortages again

In its third-fiscal quarter earnings today, Sony reported that its game revenues slipped in the quarter versus a year ago, and it lowered its forecast for PlayStation 5 sales in the coming quarter due to chip shortages.

In the quarter December 31, Sony reported revenues of $7.09 billion for its game and networking services division, down from $7.703 billion a year ago. Operating income was higher, at $810 million, compared with $704 million a year ago.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.