Sony’s profits rise as PS4 production costs drop

The PlayStation-factory goes back into the black as costs of building their next-gen machine fall.

Sony’s electronics brands might still be struggling mightily, but thanks to the PS4’s popularity and the dropping costs of making the machine, it’s back in black for quarter 2, 2014. The company reports that its overall operating revenue rose some 5.8% in the first few months of 2014, with the PlayStation division breaking through with an impressive rise of almost 96%.

Those are some big numbers and a very good sign for Sony overall, who just might be kept afloat by one of its newer endeavors, that of video games. Remember that this is a company that’s been around for a very long time indeed and they only started producing game hardware and software in 1994. Twenty years might seem like an age to you and me (or at the very least, a few generations), but to the company as a whole, it’s not really that long.

Of course, all this success sets the stage nicely for some fireworks in the second half of 2014 as Microsoft’s Xbox One has been shifting a bunch more units itself since its (effectively) $100 USD price drop.

Source: MCV