Playstation Network To Rake In $500million For Sony This Year,

Up 300% Over Last Year

The good news continues to roll for Sony as they’ve announced revenue for the Playstation Network to be up 300% over last year.

In fact, the company expect to see $500million of revenue from the service this financial year.

Sony can expect the launch of the European video store and the PSPgo to boost sales on the Network even further.

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source:http://www.pushsquare.com/8801/playstation-network-to-rake-in-500million-for-sony-this-year-up-300-over-last-year/

Nice to see psn cashing alot of money ^_^

Good news - PSN might be free, but in this way it will support and fund itself :)

I gotta say that it's not bad at all.

If PSN made $500 million this year... than MS must have made billions this year from Live.

Don't make no sense I tells ya.

finally, a revenue.

Your statement makes no sense buddy,the revenue depends on how many items were purchased on PSN,MS gets it's revenue from LIVE with the year-on-year feed,but how do you know there were more purchased items on LIVE than on PSN?You probably need to read the OP again,you probably didnt see the ''300% Increase'' statement.

probably mostly on Home.

yes they expect 500 million this fiscal year, but this fiscal year has a long ways to go still...

That's excellent revenue, but what is the profit?