Gamasutra: The Art & Business of Making Gamesspacer
arrowPress Releases
November 27, 2015
PR Newswire
View All

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

PlayStation swings to profits, thanks to strong PS4 performance
PlayStation swings to profits, thanks to strong PS4 performance
July 31, 2014 | By Mike Rose

July 31, 2014 | By Mike Rose
More: Console/PC, Business/Marketing

Sony saw a notable rise in profits during the first quarter of the current fiscal year, as the company's PlayStation business swung from losses to income.

Sony's game business saw revenues nearly double year-over-year, thanks mainly to the continuing success of the PlayStation 4 console, and network services revenues that accompanied that success.

In fact, Sony now believes that its PlayStation business is going to yield better results this year than previously expected, thanks to the strong performance of the PS4, and falling production costs for the hardware.

During this quarter, Sony sold 3.5 million PS4s and PS3s combined, and 750,000 PSPs, PS Vitas and PS Vita TVs combined. 85 million games were sold for PlayStation platforms during that time.

For the quarter ended June 30, 2014, Sony's PlayStation business recorded revenues of 257.5 billion yen ($2.5 billion), up 95.7 percent year-over-year, and operating income of 4.3 billion yen ($41.8 million), a swing from operating losses of 16.4 billion yen ($159.5 million) year-over-year.

Overall, Sony recorded revenues of 1.8 trillion yen ($17.5 billion), up 5.8 percent year-over-year, and profits of 26.8 billion yen ($260.7 million), up 757.3 percent year-over-year.

Related Jobs

Gearbox Software
Gearbox Software — Frisco, Texas, United States

Publishing Producer
Cognitive Code
Cognitive Code — Los Angeles, California, United States

Senior AI Programmer, Generalist
QLOC — Warszawa, Poland

C++ Programmer for Video Game Porting Projects
Nordeus — Belgrade, Serbia

Lead Game Designer - Top 11

Loading Comments

loader image