PlayStation Sees Revenues Slip as Sony Paints a Steady Picture Overall

While the PlayStation 4 may have secured its status as the second best-selling home system ever made, Sony’s gaming division is starting to see slides as its current-gen console gets a little long in the tooth. The business saw revenues decrease 17 per cent year-over-year in the three month period ending 30th September, with operating incoming slipping to ¥65 billion ($596.7 million).

It’s not entirely unexpected, of course: both hardware and software sales slumped following a particularly quiet summer period. The good news for the organisation is that PlayStation Plus subscriptions continued their upward trend, and achieved a new record of 36.9 million active members. The bad news is that the Japanese giant has lowered its PS4 sales forecast for the financial year, with the firm now expecting 13.5 million units to be sold as opposed to its original prediction of 15 million.

Sony won’t be too worried, though: its entire business is performing very consistently at the moment, with operating income actually increasing 16 per cent year-over-year, topping out at ¥279 billion ($2.56 billion). This was another quarter in which all of its subsidiaries managed to turn a profit, and with the PlayStation 5 on the horizon, it’ll be hoping for some even bigger boosts soon.