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.
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.
Last updated: Apr 7, 2020 at 11:45 am CDT
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