Comment on Sony Financials Reveal PlayStations Outsold Xboxes 3:1 in Q1 2014

Sony Financials Reveal PlayStations Outsold Xboxes 3:1 in Q1 2014

Sony has released its financial report for the first quarter of the year from April to June 30, revealing games revenue has risen 95.7 percent year-on-year. The results reveal ¥257.5bn ($2.5bn) generated in sales from Sony's Games & Network Services division, which the company attributes to the successful launch of the PS4. As a result, last year's first quarter loss of ¥16.4bn ($164m) has been replaced by an operating profit of ¥4.3bn ($43m), even though sales of PS3 consoles and games have fallen. Though Sony doesn't reveal how many PS4 and PS3 consoles were sold separately, the report confirms combined sales to the consumer of 3.5 million units in the first quarter of the year, a big jump from last year's 1.1 million, while sales of PSP, Vita and Vita TV rose to 750,000, up from last year's 600,000.Combined software sales also saw a leap from ¥68bn to ¥85bn. Continue reading…

 

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