Sony says it has secured enough memory chips for all planned PS5 sales this fiscal year

Sony has addressed concerns about the ongoing memory shortage, saying it has secured enough memory chips to cover its planned PlayStation 5 production for the current fiscal year, which ends in April 2027. The statement came in the company's latest earnings report, where it sought to reassure investors amid what the industry has called "Ramageddon."

The company did not disclose whether it would raise the PS5's price again in the coming months. However, Sony may see a significant boost in sales during the holiday season, as Grand Theft Auto 6 — widely expected to be a major hit — is scheduled to launch on November 19th.

For the first quarter of its fiscal year, Sony sold 1.6 million PS5 consoles, a sharp drop from the 2.5 million units sold in the same period last year. Similar declines were seen in the previous quarter, with the trend likely attributable to tariff-related price increases in the United States and the console's age — the PS5 has now been on the market for six years.

Since its launch in June 2020, Sony has shipped a total of 95.3 million PS5 units. Despite lower console sales, the company reported higher profits for the quarter, with revenue flat and operating income up 37% to 54.1 billion yen ($337 million). Sony benefited from US tariff refunds and favorable exchange rates as the yen weakened. The company kept those refunds rather than passing them on to consumers, a common approach among companies affected by tariffs.

Game software sales remained relatively unchanged, with third-party titles performing better while first-party shipments fell by 900,000 units. That decline has led some observers, including Kotaku, to suggest that Saros, the new title from PlayStation Studios' Housemarque, may have underperformed expectations.

PlayStation's monthly active users rose by 2 million to 125 million during the quarter.