Sony Reveals PS4 Sales Surpass 47 Million Units, Reports Decline in Operating Income

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Sony reveals that sales of its PS4 surpasses 47 million units, although the company’s games division reports a decline of sales, as well as operating income.

Ever since Sony launched the PS4 in 2013, the company has been racking up sales milestones every which way. Six months ago, the tech firm revealed that PS4 sales had surpassed the 40 million milestone, with many attributing it to the release of games like Uncharted 4: A Thief’s End and the latest Ratchet & Clank game.

According to Sony‘s latest financial report, the PS4 has now surpassed even that, with 47.4 million consoles having been sold as of Q2 FY2016, ending on September 30. It sold 3.9 million PS4s during the quarter, which means that the console is well on its way to sell 60 million by April 1, 2017.

However, not everything in Sony’s financials is positive. The company also declares that year on year, its sales and operating income in its Game & Network Services branch (which includes both PS4 hardware and PlayStation Network revenue) declined by 11.3 percent. Operating income dropped by 20.6 percent (¥19.0 billion/$188 million) and Sony explains that “the year-on-year decrease in operating income was primarily due to the price cut of the new PS4 model … [and] the residual impact of decreased PS3 software sales.”

ps4 tops sales december 2015

While Sony would obviously want sales to increase rather than decrease, these latest figures aren’t necessarily something to worry about. Although the PS4 Slim launched in September, just two weeks of the Slim’s sales are reflected in the financial report. Moreover, the figures don’t take into account PlayStation VR sales either, although Sony says that the hardware, which launched in mid-October, is selling well.

The real test for Sony will come over the next few months. Later in November, the PlayStation 4 Pro will be released, and potentially those who decided to hold off on buying a PS4 or PS4 Slim over the last quarter will be willing to pick up the new, higher powered model. Sony has been ensuring gamers that many PS4 games will look better on the Pro, with some PS VR games getting PS4 Pro support, so it stands to reason that gamers will flock to the console.

Moreover, it will be interesting to see whether Sony can triumph over both the Xbox One, which has outsold the PS4 in the United States for two months in a row. And then there’s the recent Nintendo Switch announcement too — are gamers so excited for the Nintendo home console/handheld hybrid that it could heavily dent PS4 sales over the next few months? Only Sony’s next financial report will tell.

Sony is set to launch the PlayStation 4 Pro on November 10, 2016.

Source: VG 24/7

tags: PlayStation, PS4, Sony