Forgot password
Enter the email address you used when you joined and we'll send you instructions to reset your password.
If you used Apple or Google to create your account, this process will create a password for your existing account.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Reset password instructions sent. If you have an account with us, you will receive an email within a few minutes.
Something went wrong. Try again or contact support if the problem persists.
PS4 Logo Sony
Category:
News
PlayStation

PS4 Shipped 100 Million Units; Sony Lowers Prediction to 111.8 Million by March 2020

Image of Giuseppe Nelva
Giuseppe Nelva
|

Published: Jul 30, 2019 02:11 am

This article is over 5 years old and may contain outdated information

Today Sony announced its financial results for the first quarter of the fiscal year 2019, which relates to the period between April 1 and June 30, 2019.

Recommended Videos

As usual, we get an update of the PS4 units shipped during the quarter. 3.2 million were purchased by retailers worldwide, which means that the grand total as of June 30 is at 100 million units.

You can check out a summary of the performance of the Game & Network Services business (which includes PlayStation and PlayStation Network) below.

Sales have decreased by 3% due to lower sales of games (both first-party and third/second-party), partly offset by an increase in PS4 hardware sales and network sales including PlayStation Plus. The results for operating income show a similar trend.

The forecast for the full fiscal year is interesting. Sony revised it downwards to 15 million units shipped between April 2019 and March 2020 (compared to 16 million units in the previous forecast), meaning that if they achieve this new goal, the number of shipments will reach 111.8 million units by March 31, 2020.

“Sales are expected to be lower than the April forecast primarily due to lower-than-expected PlayStation4 (“PS4”) software sales mainly from non-first-party titles, as well as lower-than-expected PS4 hardware unit sales.

Operating income is expected to remain unchanged from the April forecast primarily due to the impact of cost reductions and an increase in network services revenue including sales for PlayStation Plus, substantially offset by the impact of the above-mentioned expected decrease in sales of software and hardware”

We also get a further breakdown of the gaming business’ performance showing that the PlayStation Plus subscriber total is now at 36.2 million.

As for Sony as a whole, the presentation materials showcase that all profitability figures are firmly in the black, even if we see a decrease in sales and net income year-on-year.

If you’d like to compare, you can read our dedicated article about the previous financial results announced in April.

Twinfinite is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy
related content
Author
Image of Giuseppe Nelva
Giuseppe Nelva
Proud weeb hailing from sunny (not as much as people think) Italy and long-standing gamer since the age of Mattel Intellivision and Sinclair ZX Spectrum. Definitely a multi-platform gamer, he still holds the old dear PC nearest to his heart, while not disregarding any console on the market. RPGs (of any nationality), MMORPGs, and visual novels are his daily bread, but he enjoys almost every other genre, prominently racing simulators, action and sandbox games. He is also one of the few surviving fans on Earth of the flight simulator genre.
twitter facebook