Strong PlayStation sales boost Sony financials

Company moves 3.5 million home consoles in the first quarter

Sony's games division was a key contributor to an improved set of financial results for the company's first quarter ended June 30.

The firm's Game & Network Services unit generated sales of 257.5 billion yen (£1.5b/$2.5b), up 95.7 per cent year-on-year, primarily due to PS4's strong performance.


The division also generated an operating income of 4.3 billion yen (£25m/$42m), compared to an operating loss of 16.4 billion yen in the same quarter of the previous fiscal year.

Combined PS4 and PS3 sales totalled 3.5 million units in the first quarter, up from 1.1 million in the same period a year ago, but down slightly from 3.7 million in the prior quarter ended March 31.

Vita and PSP sales came in at 750,000 units, compared to 600,000 a year ago and 700,000 in the prior quarter.

Software sales for all platforms hit 85 million, compared to 68 million a year earlier and 93 million in the prior quarter.

As a whole, the wider company's sales totalled 1,809.9 billion yen (£10.4b/$17.6b), an increase of 5.8 per cent year-over-year.

The firm made a net profit of 26.8 billion yen (£151m/$261m), up from 3.1 billion yen a year ago.


Sony banking on PS4 to grow network services

"We have to rigorously pursue install-base numbers," says CEO Kaz Hirai