As I wrote earlier today, Sony Mobile is not doing well with declining sales that are dragging down the company. One saving grace for Sony continues to be PlayStation which, if it wasn’t for their mobile arm, would catapult Sony even higher.
That’s because earlier today, Sony reported Q1 FY15 earnings and PlayStation once again led the pack and in doing so, even beat Sony’s own expectations for the powerful console. Those details after the jump.
For Q1 FY15, Sony sold 3 million PS4 units, an increase of 300,000 when compared to Q1 FY14. This puts PS4 lifetime sales at 25.3 million. Thanks to the bump in sales and continued strong interest from consumers, Sony is raising its year guidance for PS4 to 16.5 million units, up 500,000 from their initial sales expectation.
If sales continue to hold, Sony believes they’ll be able to sell 38.8 million PS4 consoles by March 31st, 2016. In comparison, it took 2 years and 8 months for PS2 to sell 20 million units. It’s also worth noting that Sony reports PS4 units sold versus Microsoft who reports Xbox One units shipped.
As a whole, PlayStation division was up 12.1% to $2.365 billion thanks to PS4 hardware and software sales. As expected, PS3 and PS Vita sales continue to decline and are costing the company money. From Sony
- Sales: 12.1% increase (FX Impact: +5%)
- (+) Increase in PS4 software sales
- (+) Increase in PS4 peripheral device unit sales
- (+) Impact of foreign exchange rates
- (–) Decrease in PS3 hardware and software sales
While some believe Sony will have a weaker holiday season due to a lack of any major first part AAA titles, it doesn’t seem to be hampering PS4 sales. If this strong sales trend continues, it could point to an even stronger 2016 for PlayStation, when a handful of exclusive titles will be coming, including the highly-anticipated Uncharted 4 and Horizon: Zero Down.
Discuss:
Do you think a lack of new AAA titles will hurt PlayStation this holiday season?
[Via Sony]
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