ZhugeEx continuously bringing the best overview of financial reports.
Sony's Game & Network Services division continues to remain profitable
— Daniel Ahmad (@ZhugeEX) October 28, 2020
The segment reported Net Sales of ¥506.6 billion ($4.77bn), up 11% YoY. Operating Profit was ¥104.9 billion ($0.98bn), up 61% YoY.
This is the segments 2nd highest operating profit ever. pic.twitter.com/WiM8ZOy6nn
The PlayStation 4 has now sold in 113.6 million units of hardware as of September 30th, 2020.
— Daniel Ahmad (@ZhugeEX) October 28, 2020
Nearly 1.5 billion games, including digital only titles, have been sold for the system.
This means that the average PS4 owner has around 13 games each in their library. pic.twitter.com/enl1UMRAYl
Sony is poised to end the cyclical nature of the console market
— Daniel Ahmad (@ZhugeEX) October 28, 2020
At the start of a gen, hardware investment = loss
This time, strong digital sales + subscription revenue will more than offset that investment
Leading to second best operating profit ever for Sony in FY20 (Orange) pic.twitter.com/nLeyDNIvnr
I noticed some mis-reporting around the PS5 sell in figures quoted earlier today
— Daniel Ahmad (@ZhugeEX) October 28, 2020
Sony did not say they plan to sell in 7.6m PS5's by March 31, 2021.
They said they plan to sell in more units than PS4, which sold in 7.6m units in the same timeframe"
The actual target is higher pic.twitter.com/cIsEocF6oa