Sony Corp (ADR) (NYSE:SNE) Reports Impressive PlayStation 4 Sales With More Than 60.4 Million Units Sold

Sony Corp (ADR) (NYSE:SNE) has announced its sales numbers for its PlayStation 4 sole, revealing that it sold an impressive 60.4 million units globally as of June 11 this year.

Sony introduced the PlayStation 4 in November 2013 as its iteration for the next generation console but last year it introduced two new versions of the console, namely the PS4 Slim which is a refreshed version and the PS4 Pro which is significantly more powerful. The introduction of the two upgraded versions played a key role in pushing the sales margins, though the original PS4 did very well in terms of sales.

Sony owes part of the success to game developers

Of course Sony would not have achieved the massive success without support from game developers. More than 487.8 million PS4 game titles have been sold globally since the launch of the PS4 platform in 2013. The number of titles sold accounts for both physical discs as well as the games sold digitally. The company also revealed that “Horizon: Zero Dawn” was one of the most purchased titles among others.

“We are very grateful for our fans and partners around the globe who have continued to support PS4.The PS4 platform is in its prime, with the industry’s best lineup of exclusive and partner titles slated to release this year, taking full advantage of the power of the PS4 system,” stated Andrew House, the president of Sony’s PlayStation division.

PlayStation’s online services have also been a growth pillar for the company and it reported that there were 26.4 million paying PS Plus subscribers by the end of March. And an overall 70 million active users gaming on the PS4 consoles. Sony also reported that users spend about 600 million hours gaming on the consoles per week.

The company plans to widen its scope and take the PS4 platform to even greater heights by tapping into virtual reality as well as enhancing its network services. Sony revealed the details through its E3 conference which was held yesterday along with the announcement of the latest and upcoming gaming titles.

Sony stock closed the latest trading session on Monday at $36.95.

Leave a Reply

Your email address will not be published. Required fields are marked *