SIE Q1 2018 (Apr-June): 3.2m PS4s shipped (down vs Q1 2017@3.3m) / FY18 forecast increased to 17m

[KBG29]

Great Quarter for PlayStation! The rest of the company remains stagnant or in decline.

<Insert Typical Rant>
They need to get their other devices and entertainment segments into the PlayStation ecosystem ASAP, to turn around sales, start making profits, and increase the value and importance of their OS and Store. Smartphones continue to decrease while they continue to tack on the $5+ Billion in losses they have obtained since killing Vita and focusing half assed efforts on Xperia. They are now forecasting 9 Million Xperias sold for the year, while losses double to 30bln Yen. Their other Google charity program, the display and sound segment is forecasting sales to decrease another million units this year, while profits remain flat (highly unlikely, expect them to fall). There are no words for the level of incompetence going on at the top, and the rest of the divisions outside of PlayStation. They could be succeeding in every division if they would just work as a team, and focus on improving Sony. No more internal battles, no more divisions using competitors software and storefronts. Just one Sony working to deliver the best Sony expereince possible.
<End Rant>


THINGS TO NOTE

-The march towards digital continues with full game sales rising from 39% in Q1 2017 to 43% in Q1 2018. Not long before we reach 50%, should be there by the time PS5 launches.

-Full game software sale were up to 40.6 Million from 38.6 Million in Q1 last year.

-PS+ membership fell from 34.2 Million in March to 33.9 in June.