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PS4: speed of console’s spread “quite encouraging,” Sony tells investors

Thursday, 6th February 2014 10:02 GMT By Dave Cook

PlayStation 4 earned pride of place during Sony’s financial report this morning, and the uptake of its next-gen console has proved “quite encouraging” to the format holder.

Sony’s PlayStation division was up 64%, earning the firm $4.2 billion for the 13/14 fiscal year so far.

It wasn’t all good news however, as Sony confirmed it will sell off its VAIO PC business, axing some 5,000 jobs in the process.

In the investor call that followed, Sony President and CEO Kazuo Hirai and CFO Masaru Kato spoke about the company’s performance. DualShockers has extracted some key quotes but they are not attributed to either speaker. We’re currently trying to verify who said what.

Regardless, investors heard that the “Speed of spread of PS4 is quite encouraging,” and that Sony’s game division is expected so exceed the company’s own expectations by the end of the financial year.

Sony firmly views its gaming arm as a core business, the pair added, and that the PS4 was dubbed, “truly Sony,” before investors were told to expect, “further robust growth and [PS4's] firm establishment as a next generation platform.”

We’ll have more once we track down the investor call minutes. Bear with us.

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1 Comments

  1. thegrimmling

    Happy to hear the system is selling well…. now release some game.

    #1 6 months ago

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