Joey Chiu stands on stage with Andrew House and Jack Tretton to get the first PS4 ever sold.
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PlayStation 4 boosts bigger bottom line for Sony’s game division

  • Posted byby Jeff Grubb
  • Updated
  • 2 min

Turns out that new things sometimes sell better than old things.

Sony found that out last quarter when its shiny PlayStation 4 fueled a 64.6 percent year-over-year increase in operating revenue for its gaming division, according to its latest financial report. Thanks to the new console, Sony Computer Entertainment generated $4.2 billion (due to the currency exchange rates through the quarter) in revenue.

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