PlayStation 5 is the most profitable console for PlayStation & more from a new FY'23 PS business presentation
GAAS titles and annual franchises generate over 50% of the PS Store revenues.
PlayStation 5 is Sony's most profitable console to date. It has already generated $106 billion in revenue (the record is still held by the PS4 at $107 billion), but operating income is already a record $10 billion (compared to $9 billion for the PS4).
As of March 2024, PlayStation platforms had 118 million MAU (unique accounts are counted).
More than 2,000 publishers and 9,000 games are on the platforms as of the end of March 2024.
Sony's presentation includes the metric Monthly Active Consoles. According to this statistic, there were 97 million active PlayStation consoles worldwide in April 2024. Half of them are PS5s, and half are PS4s.
Of the total number of hours played in April 2024 (3.8 billion), 63% (2.4 billion hours) are on the PlayStation 5. User engagement on the PS5 is significantly higher.
The cumulative average user spending on the PlayStation 5 over 4 years is $731. This is 26% more than for the same period on the PS4 ($580). Almost all spending segments are growing - in-game purchases (+176%); service spending (+57%); peripheral spending (+34%). Only full game purchases have decreased - they are down 12% compared to the previous generation.
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GAAS projects and major annual releases have generated 51-53% of all PlayStation Store revenue for three consecutive fiscal years.
35% of PS Plus subscribers are subscribed to PS Plus Premium (+11% YoY) or Extra (+23% YoY).
Sales of Marvel’s Spider-Man 2 reached 11 million copies as of the end of April 2024. Helldivers II sold 12 million copies on PC and consoles as of May 5 this year.
The company plans to launch live service games simultaneously on PS5 and PC. Single-player projects will be released on PC with a delay.