Sony shares its financial results for fiscal year 2016

Sony Interactive Entertainment just revealed your financial results of the full fiscal year 2016, which ended last March 31 and began the fiscal year 2016-2017 that will end next March 31, 2017. Therefore we will handle the figures of one year of operations Worldwide.

The company has announced that shipments of PlayStation 4 consoles during this period exceed 17.7 million units worldwide, surpassing the record of 14.8 million units shipped during fiscal year 2014. Revenue through PlayStation Network also jumped 3.2 trillion dollars at 13.7 million dollars. PlayStation 3, for its part, has seen a drop in sales, but the reduction in its production and the notable overall sales of PS4 have helped cover losses.

As a result, success both in the field of hardware distribution and sales and in content distribution digital, Sony’s networking service saw an increase of 11.8% compared to the already successful fiscal year 2014, achieving some $13.7 billion in profits. The success of PSN has been so great that the profits generated by Sony in fiscal year 2016 exceed those generated by Nintendo during fiscal years 2015 and 2016 combined, an amount greater than 529 million yen.

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industrial designer with a passion for creativity and innovation. Since 2015, he has dedicated his expertise to shaping the world through his designs. Prior to his current role, Peter served as a teaching assistant at the NY Institute of Information Technology, sharing his knowledge and guiding aspiring minds. Additionally, he holds the esteemed position of Editor-in-Chief at PlayStation Game Station LLC, fueling his love for gaming and the digital world. Beyond his professional pursuits, Peter embraces life as an explorer, immersing himself in new experiences, a social media fanatic, a travel geek, an alcohol enthusiast, and a specialist in music. Through his multifaceted interests, Peter continually seeks to broaden his horizons and make a positive impact on the world around him.