Sony Sees Record Profits From Games and Network Divisions

July 31, 2014 - GamePolitics Staff

Sony has reported record revenues for its latest quarter, thanks to brisk PlayStation 4 sales and profits from game-related network services. Sony's Game and Network Services division enjoyed sales of $2.55 billion for the three-month period that ended on June 30, 2014, a 95.7 percent increase when compared to the same period a year ago. All told, the games division made a profit of $43 million, compared to a $159 million loss in the same period a year ago.

Sony did not give specific numbers on the PS4, instead reporting that combined PS4 and PS3 shipments (not sales) came in at around 3.4 million during the quarter. Sony also counted PS Vita, PSP, and PS TV together during the quarter. All together 750,000 units were shipped during the quarter.

Sony also said that 85 million games were sold during the quarter.

Sony as a whole saw sales of $17.92 billion, an increase of 5.8 percent compared to the same period a year ago. Profits increased to $268 million, attributed mostly to the games division and the sale of real estate in the U.S. and Japan.

Source: Eurogamer


Comments

Re: Sony Sees Record Profits From Games and Network Divisions

Sony is struggling but operations like Playstation Now as a rental service that Nickels and dimes you they are going to revert back to the disaster that was the ps3 launch

Re: Sony Sees Record Profits From Games and Network Divisions

Does anyone else feel that a 2% margin seems really tiny?

 
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