Skip to main content

The PS5 is turning a profit for Sony less than a year after launch

With record hardware sales to boast, Sony has announced that the PS5 is no longer selling at a loss, or at least one version of it isn’t. The console’s more expensive variant, which costs $500 and comes complete with a disk drive, is now generating nothing but profit for Sony according to a report from Bloomberg.

While the physical version of the PS5 is making money for Sony, the same can’t be said for the diskless version of the next-gen console. However, according to Sony CFO Hiroki Totoki, the $400 PS5 Digital Edition’s costs are being offset by other hardware sales, including continued sales of the PlayStation 4. It’s not clear when, or if, the diskless version of the PS5 will begin to return a profit for Sony based on sales alone.

In all, this is par for the course for Sony. All consoles, whether they’re made by Microsoft, Sony, or Nintendo, usually start their life cycles selling at a loss. These losses are then made up by the sales of other products, like hardware, software, or more recently subscription services like PS+ or PlayStation Now.

However, news that the PS5’s more expensive version is now turning a profit comes when Sony is able to boast some impressive sales numbers. The PS5 itself recently passed 10 million units sold, becoming the fastest-selling PlayStation console in the company’s history. Sales of Sony’s software, which includes Spider-Man: Miles Morales, Ratchet & Clank: Rift Apart, and MLB The Show 21 have also performed exceptionally well, with over 6.5 million copies of Miles Morales being sold so far.

For those running out of room on their PS5 to store games, the console’s most recent software beta has just the remedy: M.2 SSD support.

Editors' Recommendations

Otto Kratky
Former Digital Trends Contributor
Otto Kratky is a freelance writer with many homes. You can find his work at Digital Trends, GameSpot, and Gamepur. If he's…
All upcoming PS5 games: 2024 and beyond
Shadow of erdtree

The PlayStation 5 has been out for some time now, and its reception has been mostly positive. It includes lots of quality-of-life improvements over its predecessor, the PlayStation 4, such as faster load times, a solid-state drive (SSD) instead of a regular hard disk drive (HDD), and an improved controller in the form of the new DualSense. However, a console is only as good as the games available on it, and thankfully, the PS5 has you covered on that front as well.

While the machine already has a worthy library of great PS5 games, there are even more to look forward to, with some releasing as soon as this month, while others are still years away. In the video game world, it's not uncommon to be aware of games that are still several years out from release. It's also normal for a new game to be revealed and launched within just a couple of months. In this comprehensive list, we'll go through the major PS5 releases scheduled for 2023 and speculate on future games.

Read more
Is Stardew Valley cross-platform?
Stardew Valley Multiplayer Fishing

Stardew Valley is a game made by just one person, but it has seen more success than most games made by dozens, or even hundreds, of people. It's even one of Digital Trends' top 50 video games of all time. Since its release in 2016, the game has been updated regularly with new features and content to keep its avid fans coming back. This includes an online multiplayer component that allows you and up to three friends to hang out on each other's farms. And with the recent trend of games allowing players on different platforms to join together, you may wonder if Stardew Valley offers cross-platform functionality. Here's everything we know about cross-platform support in Stardew Valley.
Is Stardew Valley cross-platform?
Stardew Valley does not offer cross-platform support, meaning you can't play online multiplayer between any of the systems the game is on. So if you want to team up with some friends, make sure you all are playing on the same platform, such as the PlayStation 4, PlayStation 5, Xbox One, Xbox Series X, Nintendo Switch, or PC. Also be aware that whoever starts a multiplayer game is saving that shared world locally, meaning no one else can reenter that world without the host present.

The sad fact of the matter is there doesn't seem to be any indication that crossplay will come to Stardew Valley. The game's official Reddit still lists it as not being supported, and there was only one mention of it by the developer on Twitter back in 2018, when he responded to a question asking if crossplay would come to the game. He replied, "Unfortunately, there will not be crossplay. Apparently, the technical barriers are very high. It's still something I really want to add and I promise to look into it more closely, but first priority is getting the update out there." This was many years ago, and there has been no further information about cross-platform play since, so it seems very unlikely that we will see support for this functionality come to Stardew Valley.

Read more
Is Minecraft cross-platform?
The cover art for Minecraft.

Minecraft has long reigned as one of the most popular games available thanks to its nearly endless possibilities, regular updates, and charming vibes. If you're one of the millions of players who has invested thousands of hours into the game, you've almost certainly been rewarded with limitless excitement, laughter, and fun, But what about co-op? Playing with friends is one of the greatest ways to experience Minecraft after all. But in today's gaming landscape, there is a wide variety of platforms on which people play the game, which may lead you to wonder if you can join in on the fun with pals on other hardware. Below, we'll tell you what you need to know about cross-platform play in Minecraft.
Is Minecraft cross-platform?
The short answer is yes, Minecraft is cross-platform across PlayStation 4, PlayStation 5, Xbox One, Xbox Series X, Nintendo Switch, PC, iOS, and Android. However, there are a few limitations we'll get into below.

Firstly, only Minecraft: Bedrock Edition supports cross-platform play. If you're using Minecraft: Java Edition on PC, you won't be able to play with friends on other platforms.

Read more