Sony’s gaming business overall performed much better than a year ago, with analyst Daniel Ahmad noting that it was the best quarter in PlayStation history. Revenue increased 40 percent to 883.2 billion yen ($8.4 billion), partly driven by PS5 sales. Operating profit was up by 50 percent to 80.2 billion yen ($763.3 million) because of higher game sales, PlayStation Plus subscriptions, and better margins on PS4 hardware.

Sony does note, however, that expenses associated with the PS5 launch offset a number of its profit gains, and also confirms that the PS5 hardware itself is being sold for fewer than it costs to make. A loss was incurred thanks to “strategic price points for PS5 hardware that were set less than the manufacturing costs,” the corporate says.

There’s not much to read into PS5 sales numbers until people that want to shop for one are ready to do so. But at the very least, 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.

Microsoft didn’t release specific sales figures for the Xbox Series X or Series S with its income statement last week, but the corporate did say that Xbox hardware revenue was up 86 percent year-on-year.