Sony's Yearly Financials Soar, Due In Part To PlayStation 4
Say "thank you," PlayStation 4.
Sony's video game division has posted a $404 million operating profit for the fiscal ending April 2015, and this was due at least in part to continued strong sales of their flagship console.
The PS4 reached 14.8 million units worldwide during the previous 12-month period, and Sony expects to sell 16 million more consoles before April 2016 is over. Unfortunately, the portable division (including the PlayStation Vita and PlayStation TV) continued to fall, coming in at only 3.3 million in total sales for the financial year. That's down from the 4.1 million posted the year prior. Unsurprisingly, PS3 hardware and software continued to decline as well.
But thanks to a "significant" increase in Network revenue along with solid software and hardware sales in the PS4 department, the year was a good one. The overall picture is rosy as well, as Sony Corp. posted a $576 million profit, which is a huge 159 percent year-over-year increase.
In fact, the recent numbers confirm Sony's biggest annual operating profit in the past seven years. Yep, they're definitely on the upswing.
4/30/2015 9:17:00 PM Ben Dutka