Strong PlayStation Sales Boost Sony

Sony posted third-quarter earnings up on those from a year ago, making ¥202.1 billion ($1.69 billion) in operating profit off ¥2.58 trillion ($21.5 billion) in revenue. Net profit between October and December was ¥120.1 billion ($1 billion), 33 percent higher than the same quarter last year.

Led by the PlayStation 4, the gaming division was the real star here, with a 10.5 percent year-on-year increase revenue brought on by strong PlayStation hardware and software sales totaling ¥587.1 billion ($4.89 billion). Sony recently announced that it has sold over 35 million PlayStation 4 consoles. Operating income for the gaming unit was 45.5 percent higher, though much of that can be accounted for by a major writedown on PS Vita components a year ago.

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This article originally appeared on Recode.net.

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