Game News

PS4 sales help Sony’s games division swing to profit

Sony’s PlayStation business has made an operating profit of 48.1 billion yen ($404m / £261.5m) in the past 12 months.

That’s thanks to stellar sales of the PlayStation 4 and PS Plus, even as sales of the PS3 have stalled and the company wrote off costs for the PSTV and PS Vita.

The profit puts the PlayStation business well clear of last year’s 19 billion yen loss.

At GDC in March Sony announced the PlayStation 4 has sold over 20 million units worldwide.

Next year Sony expects the PlayStation division to make another 40 billion yen.

If you’re interested, the entire Sony corporation made an operating profit of 68.5 billion yen ($571m / £372m) over the past financial year.

Read more here: VG247