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teknolojiarsivi.com December 18, 2017


PlayStation 4 Ships 63.3 Million Units by June 30th, 2017

02 August 2017, 12:39 | Harold Aguilar

Sony posts 181 percent profit surge for Q1 2017

Sony Profit Surge, Boosted by Strong Sales

Meanwhile, its video game business in the first quarter saw profit fall by almost half amid a lack of strong software releases and last year's price cut on the PlayStation 4 home console.

The Japanese company also detailed the entirety of its financial results, including figures such as sales revenue, operating income etc. The Minato, Tokyo-based conglomerate said that its sensor business is the biggest factor that benefitted its recent performance, having recovered from a massive quake that it suffered through in 2016.

The Tokyo-based tech giant also said its operating profit had risen nearly threefold in the recording period to 157.61 billion yen, up 15.2 percent and based on sales of 1.86 trillion yen.

First-quarter sales jumped 15 percent to 1.85 trillion yen, prompting the electronics giant to raise its sales forecast for the year to 8.3 trillion yen from 8 trillion yen.

"When we marked strong earnings 10 years ago or 20 years ago, we always suffered sharp setbacks in the following year and onwards". Under the new pricing structure, the cost of an annual membership will increase by a quarter from its current £39.99 level to £49.99; the cost of a quarterly membership will increase by the same proportion, going from £14.99 to £19.99, while the fee for those choosing to play monthly is to go from £5.99 to £6.99.

Sony Profit Surge, Boosted by Strong Sales

Net Sales - 1.98 trillion yen ($17.92 billion) in net sales, up 4.76% from April's 1.89 trillion yen ($17.10 billion) forecast.

Sony's game segment sales accounted for 18.75% of Sony's total sales revenues for the quarter.

- Digital download revenue, meanwhile, fell 22.1 percent to $116.5 million (12.94 billion yen), down from the $153.66 million (16.6 billion yen) tallied in the first quarter of 2016.

Music publishing, which consists of Sony/ATV, Sony Japan publishing and its percentage of EMI Music Publishing, produced revenues of $151.7 million (16.86 billion yen), a 7.7% increase from previous year. Television Productions sales increased significantly, primarily due to higher licensing revenue for USA series such as The Last Tycoon and Better Call Saul.




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