Sony shipped 4.5 million PlayStation 5 units worldwide in 2020. The number highlights Sony’s current ability to mass-produce the console.

Demand for the PlayStation 4 dropped dramatically year-on-year, with 1.4 million shipped in the October-December quarter. Sony actually managed to sell fewer PS4s in the holiday quarter than it did from July to September.

Sony’s gaming business performed much better than a year ago. Revenue increased 40 percent to 883.2 billion yen ($ 8.4 billion). Operating profit was up by 50 percent to $ 763.3 million because of higher game sales, PlayStation Plus subscriptions, and better margins on PS4 hardware.

Expenses related to the ps5 launch offset some of its profit gains. The company also confirms that the hardware itself is being sold for less than it costs to make.

The console’s launch seems to be broadly comparable in size to the PS4’s. The PS4 also shipped 4.5 million units in its launch quarter.