The ongoing success of the PlayStation 4 has helped push Sony back into profit, as console shipments outpace the Xbox One by 50%.
Sony’s PlayStation business has once again been one if its best-performing divisions, with a profit of £261.5 million in the last 12 months. And it’s predicted to make another £218 million next year.
It’s not clear why next year’s figure is less but when things are doing well a drop like that is usually due to research & development costs, perhaps VR headset Morpheus in this case.
Sony as a whole made an operating profit of £372 million. That’s small, almost microscopic, beans compared to the likes of Microsoft and Apple, but compared to… Read the full story