Sony Q2 2017 revenue up, Playstation biggest contributor

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According to Gamesindustry.biz, Sony Corporation has released its Q2 2017 financial results and the biggest driver behind the firm’s success is the Playstation business, known as the Game and Network Services division within Sony.

The company as a whole reported sales and operating revenues up 22.1% at ¥2,062.5bn ($18.25bn) when compared to the previous period last year and its operating income up 365% year-on-year at ¥204.2bn ($1.8bn).  The Game and Network Service division, encompassing Playstation, reported sales of ¥443.2bn ($3.92bn), more than doubling what it made the previous period last year and its operating income rose 35.8% year-on-year at ¥54.8bn ($484.7m).

Sony also reported that they had shipped 4.2 million Playstation 4 units in the quarter making the number of units either sold already or at retail totalling 67.5 million.

In the report the company attributed its significant sales increase to “an increase in PlayStation®4 (“PS4”) software sales including sales through the network, the impact of foreign exchange rates, as well as an increase in PS4 hardware sales”.

The full Sony Corporation Financial Results Release for Q2 2017 can be found here.