Sony just posted their financial results for the first quarter of the fiscal year and it seems things are working out for them. According to the report, sales increased 15.2% to 1,858.1 billion yen ($ 16.6 billion dollars) and the net income also rose up to 282.1% (80.9 billion yen – $722 million dollars) within the first quarter.
The game and network services collaborated to reach the increase by making up 5.4% of the total sales increase, thanks to the increase in PS4 software sales including sales through the network. The PlayStation VR also contributed to the increase according to Shawn Layden during an interview with Times.
The operating income didn’t receive a boost though, due to the absence of "highly profitable" first party titles. The price drop of the PS4 console also reduced the overall income as well. However, Sony claims that scenario will be different in the next fiscal quarter.
According to their forecast, operating income will rise in 10 billion yen due to the positive impact of foreign exchange rates.
The company also estimates that they will sell 18 million PlayStation 4 units by the next quarter.
