Sony's gaming division turned in a solid quarter, with PS5 game sales rising even as the company continues to struggle to meet demand for the console itself, according to its latest earnings report covered by Engadget.

It's an unusual profile for hardware this deep into a generation: market conditions have kept PS5 consoles both expensive and hard to get, yet the attach-rate story keeps improving. More software sold per available console is good for margins — game sales carry far better economics than hardware, which is often sold near cost.

The supply squeeze is the asterisk on an otherwise healthy report. Unmet console demand is revenue left on the table, and every would-be buyer who can't find or afford a PS5 is a customer not yet buying games, subscriptions or accessories in Sony's ecosystem.

The quarter underlines the tension in Sony's current position: a software and services engine performing well, bolted to a hardware pipeline that external cost pressures won't let run at full speed. How long those conditions persist will shape both the rest of the PS5 era and the economics of what comes next.