Like some other gaming giant's, the Japanese firm has gained as lockdowns cause people to look for home entertainment.

Sony now projects just over $8.9 billion in operating profit in the 12 months through March, well up on the $6.6 billion or so that it previously expected.

PS five was launched in November.

By the end of March, Sony said it expected to sell more than 7.6 million off the devices, which costs as much as $500.

The console is expected to further drive.

Game is toe online downloads and subscription services, which could boost profitability of Sony's gaming unit.

And such is the popularity of the PS five.

Sony has struggled to keep up with demand.

The firm blamed a chip shortage that has hurt businesses ranging from car companies to smartphone makers in other businesses.

Sony said it had resumed some shipments of sensors to customers in China From late November, Sony had worried about US restrictions on sales of chips using US technology to Chinese smartphone maker Huawei.

In November, though Huawei revealed plans to sell its budget brand honor after the spinoff HONOR last month said it had signed deals with chip suppliers and component makers, including Sony.