TweakTown
Tech content trusted by users in North America and around the world
6,141 Reviews & Articles | 39,477 News Posts
Weekly Giveaway: Win an Antec Case, PSU and Cooler (Global Entry!)

Sony has recouped its hardware costs on the PS4, on track to beat PS2

Sony has a goal of surpassing its legendary sales of the PlayStation 2 with the PS4 (NYSE:SNE)

| Business, Financial & Legal News | Posted: May 25, 2014 1:14 pm

Sony made an absolute killing with the PlayStation 2, with its next-gen PS4 console looking like it might actually get close to those massive sales. Sony has already recouped the hardware costs of the PS4, but now it has the task of hitting the huge sales of the PS2.

 

TweakTown image news/3/7/37961_01_sony_has_recouped_its_hardware_costs_on_the_ps4_on_track_to_beat_ps2.jpg

 

Sony President Kaz Hirai has said that the PlayStation 4 was "already contributing profit on a hardware unit basis, establishing a very different business framework from that of previous platform businesses". Considering the PS3 took three years to begin making money for Sony, the PS4 is doing some big business for the Japanese giant.

 

In Sony's recent full-year earnings, the gaming side of its business had increased 53% thanks to the PS4. It was also helped by Sony's gaming services, with "approximately half" of the 7 million PS4 owners subscribing to PlayStation Plus. It looks like the future is bright for both Sony and the PS4.

NEWS SOURCES:Engadget.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest Tech News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases