Sony: Revenue for Gaming Division Nearly Doubles, 3.5 Million PS4s and PS3 Shipped - NewsWilliam D'Angelo , posted on 31 July 2014 / 9,177 Views
The PlayStation 4 has been a huge success for Sony, as the console has taken an early lead in the 8th generation console race. Revenue for the latest quarter which ended on June 30 nearly doubled to 257.5 billion Yen ($2.5b). Sony reported a profit of 4.3 billion Yen ($43m) in the gaming division, which is up from a loss of 16.4 billion ($164m) during the same quarter a year ago.
Sony also released shipments of its video game platforms. Shipments of home consoles, the PlayStation 4 and PlayStation 3 combined, more than tripled from 1.1 million units a year ago to 3.5 million. Handheld consoles, the PlayStation Vita and PSP, also saw a slight uptick in shipments from 0.6 million units to 0.75 million. Software sales increased from 68 billion Yen to 85 billion Yen.
The 3.5 million home consoles shipped is way above the 1.1 million Microsoft reported for the Xbox One and Xbox 360 combined during the same quarter.
Sony forecasts revenue of 1,240 billion Yen for the gaming division for the full year. Profits are expected to be 25 billion Yen.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. Outside, in the real world, he has a passion for the outdoors which includes everything from hiking to having received his B.A. in Environmental Studies. You can contact the author at firstname.lastname@example.org.