Sony’s game & network services was really on a roll for the past half decade or so. While the company overall has been is a lot of trouble, the game division has been producing record numbers quarter after quarter. After a completely bonkers fiscal year 2016 where they broke revenue records all year long (and profit records in 3/4 Qs). With that context, this first quarter of the new fiscal year was a little boring.
Another quarter, another record quarter for Sony’s Game & Network Services division. The company reported $14.73 billion in revenue (+6.3% over Q4 2015), which returned $1.21 billion in profit (up 52.9% over Q4 2015).
Sony announced their 2016 Q2 results today and they were honestly a kind of boring release. Their revenues were technically up year over year in Q2, but this was ultimately a down quarter for the company due to currency fluctuations.
But what I really care about with Sony is their gaming division, so let’s dive in.