Sony has made public a quarterly report which reveals its Game & Network Services department, and PlayStation 4, account for three-quarters of profits.
The “Consolidated Financial Results for the First Quarter” is now available from Sony, and the numbers are staggering. Over all of its departments, Sony made over $15.662 bil. in revenue, and $546 mil. in actual income. Sony’s Game & Network Services accounted for $3.208 bil., leading the pack of Sony’s 9 departments with about 20% of all revenue.
However, even more impressive, Game & Network Services contributed $427 mil. in actual profit– the second largest sum behind Financial Services– and represented 78% of the company’s final operating income.
“This significant increase was primarily due to a significant increase in PS4 software sales including sales through the [PlayStation] Network,” the report reads. Although game sales are predicted to be less than the May forecast, these software and digital sales are expected to continue being a solid source of income.
This may come as no surprise, considering the front-facing failure of Sony’s Pictures department in recent memory, with lukewarm- to poorly-received titles such as Ghostbusters, Angry Birds, Pixels, and Paul Blart: Mall Cop 2. It also throws into new relief the boldly “pro-gamer” stance Sony’s taken with the PlayStation 4, and will likely further that agenda moving forward.