A little under five years ago gaming giant SONY (TYO:6758) (NYSE:SNE) released its blockbuster console the Sony PS4. From its release to date the console has sold in its millions – 75 million to be more precise.
Quite surprisingly, 20 million of those sales occurred in the company’s last financial year, firmly reminding other competitors (such as Nintendo (OTC:NTDOY)) that Sony is still king of the gaming world.
Sony PS4 Sale in Decline
To drive home how impressive those numbers are, the Sony PS4 sales are actually in decline. The console sold only 100,000 units less this year during the period April to June than it had in the same period the year before.
In those same months, PS4 games sold at just over 40 million units and the number of PlayStation Plus subscribers is still steady at 33.9 million (down from 34.2 million at the end of March).
To put it in perspective, Sony’s PlayStation arm brought in twice as much money as any other branch of the company, with its profits totaling nearly $750 million in profit (JP¥83.5 billion)
The life-cycle of gaming consoles expect a decline, but not one with as many sales! Cudos SONY.
Further Afloat
Sales figures as astronomical as 75 million in nearly 5 years earns the PS4 the title of most popular gaming console in the world…ever!
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And it seems to be the popularity of the console which is keeping SONY in the green, as when it released its Q1 results, and showed it had beaten earnings estimates.
To keep the console even further afloat in 2018, it has highly anticipated games coming out that should boost Sony’s gaming arm even more. Sony’s Spider-Man game arrives in a little over a month, and then there’s Assassin’s Creed: Odyssey, Battlefield V and Red Dead Redemption 2 all due for release in October.
I was always a PS4 girl myself, sorry XBox One (NASDAQ:MSFT) and Nintendo Switch – You’re good, but there’s only room at the top for one.
Featured Image: Deposit Photos/samsonovs
