Playstation division of Sony reports sales up to $4.2 billion

4.2
It has been a good few months for Sony's Playstation division, they are reporting a massive increase to operating profit that is likely linked to the recent PS4 launch.

In the third quarter that division reported a 64 percent increase in sales adding up to a sweet $4.2 billion. Compared to last year their operating income ballooned nearly 300 percent to $172 million.

Sony did not break down individual unit sales but did indicate that between their line of consoles and handhelds they sold almost 10 million unit in their third quarter along with 126 million game software sales to boot.

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"Playstation division of Sony reports sales up to $4.2 billion" :: Login/Create an Account :: 67 comments

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LatiasPosted:

Sanctorum
-CP
IamRCA
Resort Oh my god that is a boat lode of money! how do people make this much money but the economy sucks D:


becuase over 80% goes to paying the high ups. very little goes to helping the middle and lower class. welcome to capitalism.


They don't deserve it for doing basic, mindless jobs. If one wants more money, risks must be taken and work must be done. That is the reason wealthy people are at the top of the "food chain".
Who doesn't deserve it? Working class people? Of course they deserve more money. Teachers deserve more money than they get for sure, considering they are teaching children who will someday do something good, or the majority of them will. What about the people who empty your bins and clean your streets? Do they not deserve more money? YES, they do. There are many, MANY wealthy people who do next to no work, yet have more money than they can spend. Although Sony's $4.2 billion was well deserved.

What you don't understand is they take risk in order to have that kind of money. They often put large amounts of capital forward and if the risk pays of they make money.

SzaPosted:

FouLR Sony is making bank dude..


They been making money since ps1 of course

21Posted:

-CP
IamRCA
Resort Oh my god that is a boat lode of money! how do people make this much money but the economy sucks D:


becuase over 80% goes to paying the high ups. very little goes to helping the middle and lower class. welcome to capitalism.


They don't deserve it for doing basic, mindless jobs. If one wants more money, risks must be taken and work must be done. That is the reason wealthy people are at the top of the "food chain".
Who doesn't deserve it? Working class people? Of course they deserve more money. Teachers deserve more money than they get for sure, considering they are teaching children who will someday do something good, or the majority of them will. What about the people who empty your bins and clean your streets? Do they not deserve more money? YES, they do. There are many, MANY wealthy people who do next to no work, yet have more money than they can spend. Although Sony's $4.2 billion was well deserved.

XenoChristPosted:

Sony is making bank dude..

E-40Posted:

$4.2 Billion for Sony that is a lot!

935Posted:

Damn, that's a large sum of cash. PS4 is a great console.

GT-RPosted:

Wow could you imagine having $4.2 billion? Of course a lot of it will be spent on the future of the ps4 and to make up for the production cost.

GibbityTreePosted:

-CP
IamRCA
Resort Oh my god that is a boat lode of money! how do people make this much money but the economy sucks D:


becuase over 80% goes to paying the high ups. very little goes to helping the middle and lower class. welcome to capitalism.


They don't deserve it for doing basic, mindless jobs. If one wants more money, risks must be taken and work must be done. That is the reason wealthy people are at the top of the "food chain".


You keep thinking that kid lol.

WubsPosted:

I wonder how much they had to spend to develop and make each console?
But that still is a large sum of money.

TRSNPosted:

IamRCA
Taskforce Talk about a lot of money wowzerrz


Yea almost as much as Microsoft spent on paper this year


Microsoft has a bigger market cap and budget due to their wider range of products.


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