PS4's Still Making Sony a Lot of Money

By Leon Hurley on at

Sony's published its financial results for last year's third quarter and, unsurprisingly, PS4 is still doing the business

The report mentions "a significant increase in Game & Network Services segment sales reflecting the strong performance of PlayStation 4". That translates into a 16.8 per cent year-on-year increase in sales to 531.5 billion yen (£2.97 billion) for the games segment, something it says was "primarily due to an increase in PS4 hardware unit sales". That in turn saw the division's operating income go up by 15.2 billion yen year-on-year to 27.6 billion yen (£154 million).

All good numbers then, even with a few clouds thanks to a decrease in PS3 sales and lower results than predicted for Vita and Vita TV. Sony leaving the PC market is still costing it as well, although that decreased 6.1 billion yen year-on-year to 4.9 billion yen (£27 million), including 1.4 billion yen (£7.4 million) in restructuring charges.

Overall, for the nine months ending December 31, 2014, consolidated results saw company-wide sales increased 6.5 per cent year-on-year to 6,278.2 billion yen (£35,137 million) and operating income increased 28.0 billion yen year-on-year to 166.3 billion yen (£931 million). In both instances the "significant increase" in games were cited, although music, devices (circuit components), home entertainment and camera contributed.

[Consolidated Financial Results for the Third Quarter Ended December 31, 2014 - Sony]