When it comes to financial statements from popular gaming companies, it’s always disappointing when they don’t outright say how well they are producing certain products, especially when they bundle more than one group together. That’s what Sony has done today with their quarterly financial report, but it’s been this way for a while now and they have a good reason to be happy about it; a Sony presentation slide indicating unit sales for key electronic products reveals that 3.5 million PS4 and PS3 units have been sold in Q1 2014, ending in June 30, 2014.
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When you compare that to the 1.1 million Xbox One and Xbox 360 units that have been sold in Q1 2014 by Microsoft, and you have the realization that Sony’s PlayStation offerings sold more than triple worldwide than Microsoft’s Xbox offerings during the same previous 3 month period. Additionally, the Game & Network Services division posted a Q1 2014 operating income of 4.3 billion Yen, a stark difference from a Q1 2013 operating loss of 16.4 billion Yen.
There’s not a lot to factor into why this has occurred. The main reason this spread has happened in the favor of PlayStation; supported retail countries. The PlayStation 4 has launched in 58 countries worldwide, while the Xbox One has only launched in 13. We’re not sure exactly why almost 9 months after launch the Xbox One hasn’t been available at physical retailers in more countries, but starting this September it will begin to change.
While the PlayStation news continues to be great, we’re still talking about Sony, here. They plan on posting a 50 billion Yen loss by the end of the fiscal year, marking a second straight year in the red. The PS4 continues to be the console leader in the next-gen market share, yet the company still has weaker limbs slowly infecting the host body. It will take some time for Sony to become profitable again, even in their gaming division continues to go strong going forward.
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