Sony’s profits triple as PS4 sales reach 25 million units worldwide

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Sony’s profits have more than tripled year-on-year in the April to June quarter ( PDF link ), thanks to strong sales of camera sensors and the PlayStation 4, which has now sold 25.3 million units globally to date. The company’s overall net profit rose to ¥82.4 billion yen (£425 million, $664 million), significantly surpassing market expectations. Sony moved three million PS4s during the quarter, while peripheral and software shipments also increased, leading to the division’s 12.1 percent increase in sales to ¥288.6 billion (£1.4 billion, $2.3 billion), and an operating profit of ¥19.5 billion (£100 million, $160 million). The PS4 has taken a significant lead in the console market, massively outselling the rival Xbox One and Nintendo Wii U, the latter of which has sold just 10 million units . Sony’s devices division—which makes the camera sensors in high-end phones from Samsung and Apple— continues to grow . The unit saw a 35.1 percent increase in sales to ¥237.9 billion (£1.2 billion, $2 billion). Sales to external customers—i.e., those high-end phone makers—increased 41.2 percent year-on-year. Read 2 remaining paragraphs | Comments

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Sony’s profits triple as PS4 sales reach 25 million units worldwide

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