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Sony Hopes to Raise Profit Forecast for the PlayStation Division, Hopes PS4 Profits to Reach PS2 Levels

William D'Angelo, posted 17 minutes ago / 189 Views

Sony Computer Entertainment CEO Andrew House has stated that he hopes to raise the profit forecast for the fiscal year. The gaming division is the only electronic business that looks to have upside in the near future. Sony has taken a big loss for its mobile division and the image sensors business is on the fence.

"We raised our profit prediction and I hope that's a trend we can continue, even within this fiscal year," House told Reuters in an interview. The PlayStation division accounts for 10 to 12 percent of Sony's revenue.

Sony has already increased its profit forecast for the PlayStation division this year and it appears Sony CEO Kazuo Hirai hopes PlayStation 4 profits can match that of the PlayStation 2. The PS2 earned sony more than $1 billion in annual profit.

"I do feel we have a higher opportunity to build a higher ARPU (average revenue per user) than with the PS3, and that should make a very strong profit contribution over the life-cycle," said House.

Through September 13 there have been 10.81 million PlayStation 4's sold worldwide. This is double the 5.41 million the Xbox One has sold and ahead of the 7.21 million Wii U's sold.

Source: www.vgchartz.com/article/251900/sony-hopes-to-raise-profit-forecast-for-the-playstation-division-hopes-ps4-profits-to-reach-ps2-levels

With PS Plus subs included and vast amounts of digital games/ content, this is a real probability.

Its certainly possible. PS+, increasing digital sales and game license fees ensure it. What I know that they already earn around $2 billion / year from digital content and majority of these coems from playstation.

Profit.

PS4 won't sell like PS2 in the end, but with PS+ I'm sure they can profit even more

PS Plus being mandatory for multiplayer should drive profit up considerably. Reduce the number of first party flops and maybe get a (or a couple) new 5 million+ seller franchise(s) and the PS2 goal should be (easily) attainable or even beatable.

PS+ should bring in some money, and Now has some potential if the price is right.

According to some people, profitability is all that matters, we're gonna hope for it to eclipse the PS2 numbers

including inflation it will be nearly impossible
be more profitable than ps3 is a given.

seems like all companys focus on profits this gen. poor nintendo :/


playstation keeps sony alive

Well it's certainly possible thanks to PS+, digital downloads, and PS Now (if done right).