Sony has released its financial report for the Q1 2014 between April 1st to June 30th. The report revealed games revenue has risen 95.7 percent year-on-year.
The results revealed Sony Computer Entertainment sold 3.5 million between PS4, PS3 and the PS2 combined with a 0.75 million between the PS Vita and PSP. This generated income of 43 million dollars from the Games and Network Services Division. Sony didn’t reveal how many PS4 and PS3 consoles were sold separately, however the report confirms 3.5 million units in the first quarter of the year were sold to the consumers.
Sales increased 95.7% year-on-year (an 86% increase on a constant currency basis) to 257.5 billion yen (2,550 million U.S. dollars). This increase was primarily due to the contribution from sales of PS4 hardware which was launched in November 2013, as well as a significant increase in network services revenues accompanying the launch of the PS4. Sales to external customers increased 101% year-on-year.
Operating income of 4.3 billion yen (43 million U.S. dollars) was recorded, compared to an operating loss of 16.4 billion yen in the same quarter of the previous fiscal year. This significant improvement was primarily due to the above-mentioned increase in sales, partially offset by a decrease in PlayStation®3 (“PS3”) software sales.
Microsoft previously announced its financial report last week, revealing the Xbox One and Xbox 360 sit at 1.1 million, as a result of this the PlayStation brand outsold Xbox 3.1 for the first three months .