Sony’s Game Division Rises with PS4 Sales but PS3 Sales See “Significant Decrease”

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The PlayStation 4 sales during the last quarter helped Sony’s Game division to a revenue rise of 64.6% to $4.2 billion, Sony announced today, but they think the performance could have been ever better if the PlayStation 3 didn’t suffer. The great rise in the Sony Game division was partially offset by the significant decrease in PS3 sales, Sony said. Sony did not say why the PlayStation 3 sales were down so much but the release on the PlayStation 4 might have something to do with it.

Sony’s report combines both the PS3 and PS4 sales for the quarter, so we don’t really know how each platform performed. Sony sold 7.8 million units combined, 4.2 we know are PS4 consoles, that’s leaves around 3.6 million to be PS3 consoles. The PlayStation Vita and PlayStation Portable sales were down year to year, with only 2 million units sold compared to last year’s 2.7 million.

Software sales on all the platforms both physical and digital came in with a total of 126 million copies sold during the quarter up from the 84 million during the same quarter last year. Sony said they expect to sell 15 million PS3 and PS4 consoles this year, and also 5 million PS Vita and PSP units.

Operating income for Sony’s Game division rose by 292.1% to $172 million, mostly because of the PS4 release and exchange rates that work in their favor. Sony’s Game division for the quarter includes a $59 million write off for some Sony Online Entertainment games, which may be the 4 MMOs that closed last month.

Sony posted a revenue of 22.9 billion and a profit of $257 million overall for the quarter. Sony also announced that it would be selling the VAIO PC brand, spin off its TV business and cut up to 5,000 jobs.

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