This morning, Sony shared its financial results and investor presentation for the second fiscal quarter ended on September 30, 2017. Every division of the company made more money and increased operating income, with the exception of the mobile segment which is down $1 million from the previous year. The Game & Network Services division, which houses the PlayStation brand, was up 35.4 percent in total sales at 433.2 billion yen ($3.8 billion). Operating income was also way up to 54.8 billion yen ($482 million).
Notably, the PlayStation 4 shipped 4.2 million system during the second quarter. This brings total PlayStation 4 shipments worldwide to 67.5 million units. This is actually up over the second quarter of the previous fiscal year, when the PlayStation 4 only shipped 3.9 million units.
"In the G&NS segment, sales increased significantly primarily due to the significant contribution of PS4 software sales including sales through the network," said the company in its consolidated report.
For the rest of the fiscal year, which ends on March 31, 2018, Sony expects shipments of 19 million PlayStation 4 systems. That would bring the total userbase of the PS4 up to 79 million, and represents a 1 million system increase over the previous forecast for this year. It's worth noting that the PlayStation 4 shipped 20 million system in the previous fiscal year. Earlier this year, the company said that it expected sales to slow down, but apparently that sales decline wasn't as bad as previously estimated.
"Sales are expected to be slightly higher than the August forecast primarily due to an expected increase in PS4 hardware sales as well as network sales," added Sony.
For the entire fiscal year, Sony is forecasting sales of 2 trillion yen ($17.6 billion) in the Game & Network Services division, up slightly from previous estimates. Despite the increase in sales estimates, Sony is still estimating the same operating income of 180 billion yen ($1.6 billion). That's up significantly over the previous fiscal year, meaning this is a great year for the PlayStation brand.