ps4
A staff at the PlayStation 4 launch event poses with the PlayStation 4's game controller before its domestic launch event at the Sony Showroom in Tokyo February 21, 2014. Sony Corp said it has sold 5.3 million Playstation 4 game consoles as of Feb. 8, surpassing its full-year target ahead of its release in Japan on February 22, the last country currently scheduled to handle the device. REUTERS/Yuya Shino Reuters

Sony Computer Entertainment on Thursday announced that global consignment of its latest PlayStation 4 video game consoles have crossed a commendable 25.3 million units. The sales of PS4 reportedly exceeded the combined shipments of all competing products, including Microsoft’s Xbox.

As a result Sony’s game division continues to grow in profits and revenue. According to the consolidated financial results for the first quarter, the overall net profit rose to ¥82.4 billion ($AUD 909 million), exceeding all the market expectations. Sony managed to sell massive three million PlayStation 4 units worldwide during the quarter ended June 30, states a report in Gamespot.

Simultaneously, the sales of the supporting software and peripherals also increased. This led to a 12.1 percent increase in the game division’s sales to ¥288.6 billion ($AUD 2.99 billion) and an operating profit of ¥19.5 billion ($AUD 214 million).

With this result, the PS4 has taken a significant lead in the console market and left behind all four competing platforms, which are the Xbox 360, Xbox One, Wii U and Wii. It is worth mentioning that its rival Microsoft sold 1.4 million Xbox consoles (including both the Xbox 360 and Xbox One), while Nintendo sold just 470,000 units of the Wii U during the same period.

However, the PlayStation 4 is yet to catch up on its predecessor PS3, which had sold 80 million units worldwide as of November 2013. PS4’s early success this year led Sony to raise its fiscal year forecast from 16 million to 16.5 million, which means the company is expected to sell 38.8 million units by March 31, 2016.

Sony’s devices division, which makes the camera sensors in high-end phones from Samsung and Apple, continues to grow as well. Despite the excellent results, however, overall sales for the company are suprisingly flat year-on-year. For this, Sony’s mobile division is said to be the cause, as it experienced a sales drop by 16.3 percent.

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