PS4 Shipped Another 3.2 Million During Q1

Sony has revealed that the PS4 shipped another 3.2 million consoles during Q1 of their fiscal year, bringing its grand total to a whopping 82.2 million units. In the last fiscal year, Sony had shipped 79 million consoles worldwide.

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Sony released its Q1 figures which relate to the period between April 1st and June 30th, 2018. While the numbers are certainly impressive, console shipments are actually down by 100,000 year-on-year, which tends to happen when a console begins to show its age. Revenue has seen a significant increase year-on-year to 472.1 billion yen (up from 348.1 billion yen last year) thanks to growing software sales. Operating income has also increased to 83.5 billion yen ($748 million) boosted by higher sales.

Software sales for first-party titles like God of War and some third-party titles like Monster Hunter World have “significantly exceeded expectations” this quarter for Sony.

The company has actually increased its shipment forecast for the PS4 from 16 million to 17 million for the remainder of the business year. This could suggest that the PS4 may have a handful of aggressive promotions for the rest of 2018. If successful, PS4 shipments could reach 96 million by March 2019.

Sony also gave a forecast for the full fiscal year for the Game & Network Services segment, which includes sales from the PlayStation Network. It too saw a sizable increase compared to last year.

According to the Q1 report, “sales are expected to be significantly higher than the April forecast primarily due to higher-than-expected PlayStation 4 (“PS4”) software sales including sales through the network, the impact of foreign exchange rates, as well as an expected increase in PS4 hardware unit sales. The forecast for operating income is expected to be significantly higher than the April forecast primarily due to the impact of the above-mentioned increase in sales.”

You can review the Q1 report in its entirety if you’d like by checking it out on the source link below.

SOURCE

The post PS4 Shipments Now at a Staggering 82.2 Million Units appeared first on COGconnected.



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PS4 Shipments Now at a Staggering 82.2 Million Units