PS4 Sales Fall Year-Over-Year

Electronics giant Sony today announced earnings for the period ended December 31, showing slowing

In other Sony news, CEO Kaz Hirai–who was previously the boss of the PlayStation business, has stepped down. He will officially leave his post on April 1 (this is not an April Fools’ joke).

Sony’s video game division, which is called Game & Network Services, saw its sales and operating income increase year-over-year, as you can see in the chart. The uptick in revenue was due in part to increased PS4 game sales, including digital sales through PSN.

Sony, which is a massive company whose other branches including film, TV, and music, reported revenue of $23.65 billion, which is up 11.5 percent compared to last year. The company pulled in $2 million in profit for the period, which is up from last year.

You can read Sony’s full earnings report here on the company’s investor site.

Source:: Gamestop News