sony financials

sony-plans-to-release-10-live-service-games-by-2026 VG247

Sony plans to release 10 live service games by 2026

If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. The Bungie acquisition was partially made in order to capitalize on the studio’s expertise and technologies in the live service space. Sony plans to develop more than 10 live service games within the next four years. Speaking in a call to investors, Sony said one of the reasons it acquired Bungie was due to its expertise and the technologies it has developed in the live games services space. Because Bungie succeded in incorporating live game services into its franchise Destiny,…

ps4-hardware-sales-continue-to-decline,-but-software-remains-king VG247

PS4 hardware sales continue to decline, but software remains king

By Sherif Saed, Wednesday, 28 October 2020 09:39 GMT PS4 shipments aren’t what they used to be, but Sony is still selling millions of games.Sony has announced this morning the results of its second quarter for FY2020. The period covering July to September saw sales of PS4 slow down, but was nonetheless record-setting in revenue for PlayStation.The console has now shipped 113.6 million units worldwide since its introduction in late 2013. The actual, sold-to-consumers figure is likely lower, of course, but that is already an impressive record for PS4. You may notice that this is roughly a 1.5 million increase…

playstation-just-had-its-biggest-quarter-ever VG247

PlayStation just had its biggest quarter ever

By Sherif Saed, Tuesday, 4 August 2020 09:29 GMT The global coronavirus pandemic only helped boost PlayStation’s revenue.Sony’s first quarter of FY2020 (April-June 2020) has been PlayStation‘s best ever in terms of revenue, at $5.63 billion. During the quarter, PS4 shipped 1.9 million units, bringing total lifetime shipments to 112.3 million.The figure is certainly up over last quarter’s 1.4M, but significantly down compared to the same period last fiscal year (3.2 million). This downturn in hardware sales is expected, as the console approaches its final days ahead of the launch of PS5. That said, PS4 is still trending ahead of…