Sony recently held a meeting with foreign investors to share details about the company’s financial results.
during the conference the financial director Kenichiro Yoshida has stated that the industry is in a great moment, stating that the PS4 base is expanding with more speed than any other console before. Christmas sales were “extremely strong” and network revenue for the third quarter increased at least 50%.
He also spoke about the combination between Sony Computer Entertainment and Sony Network Entertainment to create Sony Interactive Entertainment. Yoshida comments that the basis of this new company will be in the United States and will have greater concern in the digital content that moves quickly in this territory. “Locating our business there will allow us to react quickly to market changes and continue expanding our strategy with PlayStation.”
Vice president Kazuhiko Takeda has also commented that thanks to the boost seen in PS4, the company has seen an increase in profits from its streaming services. 5 trillion yen to 85 trillion yen.
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