Home Gaming PlayStation made more money in 2018 than it did for the whole PS2 era

PlayStation made more money in 2018 than it did for the whole PS2 era

2 min read
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The records for Sony’s latest fiscal year have been revealed and oh boy, did they make a TON of cash.

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Hey, have you ever heard of Sony? Probably not, they’re just a small company. Still trying to pave their in the industry; nothing, you know? Yeah, well they just released their 2018 fiscal year earnings and what do you know? Turns out that small company Sony that everyone has definitely never heard of had the most successful and profitable year ever. The report was made public recently with all the features of a accounts happy fun-time dreamscape ie. Lots of charts, graphs and dollar signs standing proudly in front of every massive amount of money. There’s a lot to sift through, so I looked through the report and pulled out the interesting details you might enjoy reading.

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Firstly, as I said above, Sony has had their best financial year to date with the company pulling in their highest operating profit ($8.06B) and net profit ($8.26B) in their history with the PlayStation being the largest contributing factor to that amount by 34.8%, making $2.81B alone in profits. Sony’s gaming division made $21B in 2018, marking the first time Sony has broken the $20B milestone and showing the company’s earnings have doubled since 2013 when they made a measly $10.42B. As a further interesting highlight, PlayStation Now, Sony’s online games-as-a-subscription service has seen a growth of 40% since launch with approximately 700, 000 active users, a number which seems remarkably small given the otherwise massive sales of the PS4. This all sounds very impressive, sure. But to make it sound even more impressive, let’s take a quick walk to Brad’s Comparison Corner:

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Brad’s Comparison Corner 

The total amount of profits earned from PS4 sales ($3.84B) now exceeds the total earned from both the PS1 ($3.03B) and the PS2 ($2.22B). Looking at the figure again reinforces how successful 2018 was for Sony, with their profits of 2018 exceeding the profits earned over 6 years back when the PS2 was the company’s focus! Software and add-ons to the PS4 also reached all-time high with revenues reaching $9.94B, no doubt supported by the massive successes that were God of War and Marvel’s Spider-Man.

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What’s yet to be seen is exactly how all these profits are going to be spent. According to Takashi Mochizuki, a writer for the Wall Street Journal, Sony will be funnelling these profits into the development of the PS5. Whether this is true remains to be seen, with no official release date confirmed for the next-gen console. Time will only tell whether Sony maintains the success they achieved in 2018.

Last Updated: April 26, 2019

6 Comments

  1. MaSeKind

    April 26, 2019 at 14:55

    So did I 🙂

    Reply

  2. Original Heretic

    April 26, 2019 at 14:55

    Funny.
    “Oh boy did they make a ton of cash”…..with a pic of Kratos and Artreus.

    Reply

  3. Hates bad writers.

    April 27, 2019 at 01:43

    I don’t mean to piss on the success, huge comeback from a lot of losses on the PS3. Massive success for them and the single best functioning part of the company. But we need to take some things into perspective.

    First off, they spent more. In terms of what they actually retained afterwards? PS2 had a lot more cash in reserve. Right now Sony just doesn’t have that cash. They have a lot of little side projects that bleed cash, not to mention how many assets they sold off.

    When Sony wins big they always double down. That brought on the piss poor spending that made the PS3 a pain. For them and developers. I’d rather the success of the PS4 not go to their heads. Sadly, it probably already did. Plans are years out, especially console design. Sony takes repeated successes poorly, gamers as a whole need to reign it in a bit with how much credit they give.

    Reply

  4. The ManRod

    May 24, 2019 at 00:11

    Boy!

    Reply

  5. The ManRod

    June 14, 2019 at 02:41

    Even if PS4 did not make that much money it has succeeded in the most important thing than just money- PS4 has positioned video games in the right direction forward to progress and positive form of entertainment. Ots exclusive games like God of War and Spiderman is the gold standard of video game entertainment.

    Reply

  6. The ManRod

    October 28, 2019 at 20:13

    PS3 TO PS4 is hard life now easy life later.
    Nintendo and Xbone was easy now hard later.

    Reply

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