PS4 development costs eats into PlayStation profit
In the three months ended June 30, the games unit generated sales of 118 billion yen (£789m / 1.2bn) - essentially flat when compared to the same quarter last year.
Sony said this figure was reached by a mixture of slowing hardware sales and an uptake in software. Unit sales of PS3, PSP, and PS2 hardware all fell (Sony neglected to mention Vita here), but this loss was offset by the favourable impact of foreign exchange rates and increased game sales.
The company bundled together PS3 and PS2 in its home console sales figures, and Vita and PSP in its handheld numbers. Combined PS3 and PS2 hardware sales came in at 1.1 million for the quarter, compared to 2.8 million a year earlier, while combined Vita and PSP sales totalled 600,000, down from 1.4 million.
Software sales for all platforms hit 64 million units - up from 43 million a year earlier.
However, the PlayStation division's operating losses increased by 11 billion yen (£75m / $114m) to reach about 15 billion yen (£99m / $150m) - a significant rise that squeezed profit margins.
Sony said the increase was primarily due to research and development costs related to PS4.
The corporation's full-year forecast for PlayStation hardware and software sales remains unchanged from its May outlook. It expects to shift a combined total of ten million PS3 and PS2 units, five million portable systems, and 319 million games.
As a whole, the wider company's revenues were up 13 per cent year-on-year to 1712.7 billion yen (£11.5b / $17.3b), helping it swing from a loss of 24.6 billion yen (£165m / $250m) to a profit of 3.5 billion yen (£23m / $35m).
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Related Forum: PlayStation Forum
Source: http://www.computerandvideogames.com/421934/playstation-losses-jump-on-ps4-rd-costs/
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Comments
NirelandPosted:
Borify Xbox will outsell the PS4 but the PS4 will be just as good.
Xbox has always had more fans.
FidPosted:
Borify Xbox will outsell the PS4 but the PS4 will be just as good.
No doubt it will outsell the PS4.
-Robert-Posted:
Carbvnphlegm But all this aside, they are still going to make a butt-load of money. And if more people buy the PS4, at it's lower prices, rather than people buying the Xbone at it's higher prices, PS4 might of actually done something economically intelligent. Who knows, it could go either way. But I feel as if a lot of more people are leaning towards the PS4, so we'll just have to wait and see.
Ehhhh, Xbox will still probably sell the most, let's be honest.
It probably will but the PS4 will be good
Carbvnphlegm But all this aside, they are still going to make a butt-load of money. And if more people buy the PS4, at it's lower prices, rather than people buying the Xbone at it's higher prices, PS4 might of actually done something economically intelligent. Who knows, it could go either way. But I feel as if a lot of more people are leaning towards the PS4, so we'll just have to wait and see.
Ehhhh, Xbox will still probably sell the most, let's be honest.
PS4 will still be a good console
1017GloGangPosted:
phlegm But all this aside, they are still going to make a butt-load of money. And if more people buy the PS4, at it's lower prices, rather than people buying the Xbone at it's higher prices, PS4 might of actually done something economically intelligent. Who knows, it could go either way. But I feel as if a lot of more people are leaning towards the PS4, so we'll just have to wait and see.
Ehhhh, Xbox will still probably sell the most, let's be honest.
BrosPosted:
_BaleSuck Still debating on which console to get
For me its probably the PS4, Microsoft just rip you off with a console that isn't worth it..
Thats true and you dont have to buy a camera
ImNotPhlegmAnymoreOKPosted:
But all this aside, they are still going to make a butt-load of money. And if more people buy the PS4, at it's lower prices, rather than people buying the Xbone at it's higher prices, PS4 might of actually done something economically intelligent. Who knows, it could go either way. But I feel as if a lot of more people are leaning towards the PS4, so we'll just have to wait and see.
_BalePosted:
Suck Still debating on which console to get
For me its probably the PS4, Microsoft just rip you off with a console that isn't worth it..
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