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PlayStation brand makes $435 million profit

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There's been a lot of bad Sony news recently, so the fans and fanboys may like to know that the company has seen a big profit on the PlayStation brand for the 2010 financial year, raking in $435 million (or ¥35.6 billion).

The news is doubly significant when you factor in the previous year's results, which saw Sony lose ¥83.3 billion. As you might guess, this is quite a step up. 

Sony says that sales have gone up while PS3 manufacturing costs have gone down. Over the past year, 14.3 million PS3s were sold (up from 13 million), along with 8 million PSPs (down from 9.9 million). 6.4 million PS2s were shifted too, which is down from 7.3 million, but it's still impressive considering it's the bloody PS2. PS3 software sales jumped from 115.6 million to 147.9 million, while PSP game sales went from 44.4 million to 46.6 million. 

All in all, great Sony news. It's just a shame that all that juicy profit needs to go on cover PSN breach costs. Sod's law, that is. 

PlayStation business swings to $435m profit [GI.biz]


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Jim Sterling
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Filed under... #Money #PS3 #PSP #Sales #Sony #The almighty dollar

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