• Home
  • Shop
    • Playstation Controllers
    • Xbox Controllers
    • Chairs
    • Gaming Accessories
    • Headsets
    • Keyboards
    • Mice
    • Monitors
  • Microsoft Xbox
  • Sony PlayStation
  • Nintendo Switch
  • Sega Genesis
  • PC
Primetimegamer.com
  • Home
  • Shop
    • Playstation Controllers
    • Xbox Controllers
    • Chairs
    • Gaming Accessories
    • Headsets
    • Keyboards
    • Mice
    • Monitors
  • Microsoft Xbox
  • Sony PlayStation
  • Nintendo Switch
  • Sega Genesis
  • PC
    Old School RuneScape review | PC Gamer

    Old School RuneScape review | PC Gamer

    Valheim has now sold more than 4 million copies

    Valheim has now sold more than 4 million copies

    Gaming laptop deal: MSI GF65 with GTX 1660 Ti for $750

    Gaming laptop deal: MSI GF65 with GTX 1660 Ti for $750

    Gaming PC deal: Get a GTX 1660 Ti PC on sale

    Gaming PC deal: Get a GTX 1660 Ti PC on sale

    Days Gone system requirements released, ultrawide support confirmed

    Days Gone system requirements released, ultrawide support confirmed

    Halo TV series: Cast, release date, and everything we know about the Showtime series

    Halo TV series: Cast, release date, and everything we know about the Showtime series

    Take-Two Interactive patent could point to a bigger, better world for the next Grand Theft Auto

    US politician pitches a fresh new idea: Ban Grand Theft Auto

    The best games on Steam

    The best games on Steam

    Fortnite: How to scan a server at a Surface Hub

    Fortnite: How to scan a server at a Surface Hub

No Result
View All Result
  • Home
  • Shop
    • Playstation Controllers
    • Xbox Controllers
    • Chairs
    • Gaming Accessories
    • Headsets
    • Keyboards
    • Mice
    • Monitors
  • Microsoft Xbox
  • Sony PlayStation
  • Nintendo Switch
  • Sega Genesis
  • PC
    Old School RuneScape review | PC Gamer

    Old School RuneScape review | PC Gamer

    Valheim has now sold more than 4 million copies

    Valheim has now sold more than 4 million copies

    Gaming laptop deal: MSI GF65 with GTX 1660 Ti for $750

    Gaming laptop deal: MSI GF65 with GTX 1660 Ti for $750

    Gaming PC deal: Get a GTX 1660 Ti PC on sale

    Gaming PC deal: Get a GTX 1660 Ti PC on sale

    Days Gone system requirements released, ultrawide support confirmed

    Days Gone system requirements released, ultrawide support confirmed

    Halo TV series: Cast, release date, and everything we know about the Showtime series

    Halo TV series: Cast, release date, and everything we know about the Showtime series

    Take-Two Interactive patent could point to a bigger, better world for the next Grand Theft Auto

    US politician pitches a fresh new idea: Ban Grand Theft Auto

    The best games on Steam

    The best games on Steam

    Fortnite: How to scan a server at a Surface Hub

    Fortnite: How to scan a server at a Surface Hub

No Result
View All Result
Primetimegamer.com
No Result
View All Result
Home Sony PlayStation

PS4 sales do the business for Sony • Eurogamer.net

Primetimegamer by Primetimegamer
December 19, 2020
in Sony PlayStation
0
PS4 sales do the business for Sony • Eurogamer.net
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Go PlayStation!

Impressive sales of the PlayStation 4 helped Sony post increased profit in its recent financial quarter.

In its financial reports Sony lumps sales of all home PlayStation consoles together, so we don’t have an updated figure for the PS4 (it was 4.2m as of 28th December 2013). However, we do know that PS4 and PS3 sales combined were for the quarter ending 31st December 2013 7.8m. Combined Vita and PSP sales for the quarter were 2m.

Sony’s Game division, which looks after PlayStation, saw an impressive 64.6 per cent rise in sales year-on-year to $4.2bn. Why? Because of the launch of the PlayStation in Europe, North America and Latin America in November as well as the favourable impact of foreign exchange rates.

It all amounted to a profit of $172m for the Game business. Kerching.

PlayStation helped Sony to a healthy $257m profit for the quarter off the back of $22bn in revenue – a jump in sales of 23.9 per cent. Also doing well for the wider group were sales of smartphones, which saw a “significant increase”.

However, the results come amid sweeping changes at the gargantuan Japanese company. Today it announced the sale of its PC business and drastic changes to its TV business – as well as 5000 layoffs.

Sony will sell its PC business, which includes the Vaio brand, to Japan Industrial Partners, a move it describes as the “optimal solution” to the problem it faced achieving profitability. The deal will be completed by the end of March 2014. After that, Sony will no longer plan, design or develop PC products, and manufacturing and sales will be discontinued after the spring 2014 lineup is launched globally, although Sony will initially retain a five per cent stake in JIP.

On the TV side of things, Sony admitted it will not return to profitability within the 2013 financial year due to “the slowdown in emerging markets and declining currency rates”. So, it plans to focus on the 4K market while reducing costs. More importantly, it will split out the TV business and operate it as a wholly-owned subsidiary, a move to be completed by July 2014. These measures, Sony hopes, will return the TV business to profitability during the 2014 financial year.

These changes mean 5000 people will be let go by the end of the year, Sony said. That’s 1500 in Japan and 3500 elsewhere. It looks like PlayStation has escaped the cull.

As a result of the restructuring, Sony expects to see a loss for the full financial year – somewhat surprising given it had previously predicted a profit. Kaz has more more work to do, then.

Source: https://www.eurogamer.net/articles/2014-02-06-ps4-sales-do-the-business-for-sony

Previous Post

An ode to the 'randomize' button • Eurogamer.net

Next Post

Video: Check Out Hitman 3's Moody Opening Cinematic

Next Post
Video: Check Out Hitman 3’s Moody Opening Cinematic

Video: Check Out Hitman 3's Moody Opening Cinematic

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
80 Days studio inkle is working on a gorgeous game about hiking in the Scottish Highlands

80 Days studio inkle is working on a gorgeous game about hiking in the Scottish Highlands

December 21, 2020
Bravely Default II Hands-on Preview – Five Things I Love and Two Things I’m Unsure About

Bravely Default II Hands-on Preview – Five Things I Love and Two Things I’m Unsure About

February 9, 2021
The Division 2’s next-gen upgrade is impressive

The Division 2’s next-gen upgrade is impressive

February 9, 2021

Assassin’s Creed Odyssey PC review (after 175 hours)

January 30, 2021
My relationship with Grounded’s asshole ants is complicated

My relationship with Grounded’s asshole ants is complicated

1
31 – Modern old-school gamer | Matt (aka Milkes)

31 – Modern old-school gamer | Matt (aka Milkes)

0
Cyberpunk 2077 Is Now Available For Xbox One And Xbox Series X|S

Cyberpunk 2077 Is Now Available For Xbox One And Xbox Series X|S

0
Cyberpunk 2077 The Information Quest | Should you betray Dex?

Cyberpunk 2077 The Information Quest | Should you betray Dex?

0
Old School RuneScape review | PC Gamer

Old School RuneScape review | PC Gamer

February 25, 2021
Aery – A Journey Beyond Time Is Now Available For Xbox One And Xbox Series X|S

Aery – A Journey Beyond Time Is Now Available For Xbox One And Xbox Series X|S

February 25, 2021
Gloria Union: Twin Fates in Blue Ocean FHD Edition coming to Switch on March 18

Gloria Union: Twin Fates in Blue Ocean FHD Edition coming to Switch on March 18

February 25, 2021
State of Play returns this Thursday, February 25 – PlayStation.Blog

State of Play returns this Thursday, February 25 – PlayStation.Blog

February 25, 2021

Recent News

Old School RuneScape review | PC Gamer

Old School RuneScape review | PC Gamer

February 25, 2021
Aery – A Journey Beyond Time Is Now Available For Xbox One And Xbox Series X|S

Aery – A Journey Beyond Time Is Now Available For Xbox One And Xbox Series X|S

February 25, 2021
Gloria Union: Twin Fates in Blue Ocean FHD Edition coming to Switch on March 18

Gloria Union: Twin Fates in Blue Ocean FHD Edition coming to Switch on March 18

February 25, 2021
State of Play returns this Thursday, February 25 – PlayStation.Blog

State of Play returns this Thursday, February 25 – PlayStation.Blog

February 25, 2021

Browse by Category

  • Microsoft Xbox
  • Nintendo Switch
  • PC
  • Sega Genesis
  • Sony PlayStation

Recent News

Old School RuneScape review | PC Gamer

Old School RuneScape review | PC Gamer

February 25, 2021
Aery – A Journey Beyond Time Is Now Available For Xbox One And Xbox Series X|S

Aery – A Journey Beyond Time Is Now Available For Xbox One And Xbox Series X|S

February 25, 2021
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 Primetimegamer.com - Premium WordPress news & magazine theme by Primetimegamer.com.

No Result
View All Result
  • Home
  • Shop
    • Playstation Controllers
    • Xbox Controllers
    • Chairs
    • Gaming Accessories
    • Headsets
    • Keyboards
    • Mice
    • Monitors
  • Microsoft Xbox
  • Sony PlayStation
  • Nintendo Switch
  • Sega Genesis
  • PC

© 2021 Primetimegamer.com - Premium WordPress news & magazine theme by Primetimegamer.com.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.