Strong PS4 sales increase Sony's quarterly profit

The PS4 was launched in November last year.

It is well known that the PS4 is outselling Microsoft's Xbox One, but it seems most people haven’t anticipated Sony’s figures to be that good, as the firm reported higher profits than expected for the last quarter during the three months ending on June 30.

A year ago, Sony’s profits were only 3.1 billion yen compared to this year’s 25.7 billion yen, which roughly equals to $250m USD. Not only Sony’s profit rose, but their gaming division saw an increase of 96% in sales during the last quarter.

Dubbed the best selling "next gen" console, the PS4 helped Sony outrun Nintendo in game console sales for the first time in eight years. To put it into numbers, Sony have sold 18.7 million units (which include the PS3) whereas Nintendo sold only 16.3 gaming units during the last financial year. Given the great performance of sales, Sony recently announced it had sold 10 million PS4 consoles to date during its Gamescom press event.

If we turn our head to PS4's bitter rival, the Xbox One, the PS4 was outselling it by 2 million consoles in April according to official figures.(7 million compared to 5 million) Although it is quite logical to think Microsoft saw a boost thanks to the Kinect-free release, Microsoft's sales are possibly still lagging behind.

Sony also reported that buildings and premises have been sold off, which increased its operation profit by 14.8 billion yen during the period. Despite the large influx of PS4 sales and other income, Sony expects a 50 billion yen net loss for the next financial year, and is in the process of restructuring to turn that loss around.

Source: BBC, Playstation Blog | image via Sony

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Sony is being rewarded for doing the right things for gamers. They talked the talked pr wise and delivered games that gamers wanted.

It'll be interesting to see if X1 sales increase now that MS is doing the same. MS heard the demands and have shed just about anything that detracted from the pr focus on games.

MS werent trying to deliver just a console though, they wanted an all-in-one entertainment device. Maybe not enough people wanted that, or maybe they spread themselves too thin and weren't able to excel in any one area, so now it's being repositioned as just a games console, and to me the kinectless version is like an official relaunch into that arena. I'm anxious to see how they do with a renewed focus. At least they tried to make a comeback early, hopefully it will pay off.

trooper11 said,
Sony is being rewarded for doing the right things for gamers. They talked the talked pr wise and delivered games that gamers wanted.

It'll be interesting to see if X1 sales increase now that MS is doing the same. MS heard the demands and have shed just about anything that detracted from the pr focus on games.

That's baloney. The XB1's game lineup up to this point has been more highly lauded and is more diverse. The consoles were almost feature identical too. This is all because of the price difference and the hate train. I hate that my species is still let's this mob mentality drive them. Makes them too easy to manipulate ...

Darth Tigris said,

That's baloney. The XB1's game lineup up to this point has been more highly lauded and is more diverse. The consoles were almost feature identical too. This is all because of the price difference and the hate train. I hate that my species is still let's this mob mentality drive them. Makes them too easy to manipulate ...

Psychology students end up in marketing.

People are more predictable than they want to believe about themselves.

Darth Tigris said,

That's baloney. The XB1's game lineup up to this point has been more highly lauded and is more diverse. The consoles were almost feature identical too. This is all because of the price difference and the hate train. I hate that my species is still let's this mob mentality drive them. Makes them too easy to manipulate ...


You wouldn't be singing the same tune if the tables were turned.

I can understand entireley they are making this much. In the UK, the PS4 seems to be absolutely killing X1. Then again, UK/EU have always been a PlayStation stronghold.

ThisIsStockerHD said,
I can understand entireley they are making this much. In the UK, the PS4 seems to be absolutely killing X1. Then again, UK/EU have always been a PlayStation stronghold.

The PlayStation name has always sold better globally, and with Microsoft shooting themselves in the foot on that front, they'll continue to dominate global sales.

The Xbox name is almost synonymous with the NFL, or at least it is to me. Someone says "America" and Doritos, Mountain Dew, Xbox, and NFL come to mind.

What we didn't anticipate was Sony to dominate sales over Microsoft in their #1 territory. That's just amazed me. Not to say the Xbox is doing poorly, but if you're the captain of the Xbox ship, you'd probably be doing all you can to get a move on. Not much I can say on this, other than Sony having been humbled in the past, and having done their homework.

Tha Bloo Monkee said,

Your GTX Titans can play Last Of Us? Amazing!

It could, if it was on PC. Fortunately PC gamers have way more selection to choose from than some game like that.

Enron said,

It could, if it was on PC. Fortunately PC gamers have way more selection to choose from than some game like that.

Yeah, but it's sometimes nice to just throw a game in and it just run.. Games run pretty damn good on my three GTX 780's tri-sli.. but I don't even boot into Windows anymore to play games.. I just rather play on a console now.. When I play a PC game, I get obsessed with framerates and spend more time tweaking\OCing then I forget I even have the damn game.. lol

fusi0n said,

Yeah, but it's sometimes nice to just throw a game in and it just run.. Games run pretty damn good on my three GTX 780's tri-sli.. but I don't even boot into Windows anymore to play games.. I just rather play on a console now.. When I play a PC game, I get obsessed with framerates and spend more time tweaking\OCing then I forget I even have the damn game.. lol

Oh, I don't really get too wound up in that. Framerates and high resolution just come with the territory. I do get obsessed with modding though. That's one thing I love about PC gaming.

I'm not knocking consoles either. I have a Xbox 360, Xbox One, and a PS3. They get a lot of use too. Just depends on the genre I guess. Strategy, simulations, and MMOs I usually stick with PC. Racing and "arcade" style games I go to console. FPS is a mix of both.

People are buying the consoles to play a few specific games? I don't see a lineup that is even remotely good enough just to get either one.....

kljs said,
People are buying the consoles to play a few specific games? I don't see a lineup that is even remotely good enough just to get either one.....

agree. maybe you and I aren't real gamers

Guantaco said,

That is due to selling off property.

It's not. If you've read the financial report you would have known that the property sale was not included in this.