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Nairaland Forum / Entertainment / Gaming / Sony’s Playstation Division Accounted For 78% Of Its Q1 2016 Profits (912 Views)
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Sony’s Playstation Division Accounted For 78% Of Its Q1 2016 Profits by michellhilton(m): 3:37pm On Jul 29, 2016 |
Gaming is the bright shining star at Sony Corp. The company reported the results of its first fiscal quarter today, and it revealed that it generated $3.2 billion in revenues from its game and network services division during the three-month period ending June 30. That is up 14.5 percent from the same period in 2015. This segment of Sony’s business also brought in $427 million in operating income, which is up a massive 126.3 percent year-over-year. That makes up 78 percent of the company’s $546 million in quarterly profits. Sony has the dominant console in the $99.6 billion worldwide gaming business, and the PlayStation 4 is turning into one of its most important money makers. http://www.michellhilton.com/2016/07/playstation-da-sony-q1-2016.html
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