PlayStation Network sales top entire revenue of Nintendo

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Sony’s PlayStation Network made more money during the last fiscal year than the entirety of Nintendo.

Twitter user ZhugeEX who blogs about the industry and sales data, tweeted the figures earlier today, after looking at the company’s financial results.

At the end of the last fiscal year (closing on March 31 2016), PSN sales alone amounted to more than the entirety of Nintendo’s revenue for the same period.

During FY2015/16, Sony sold 17.7 million PS4 consoles, bringing the install base up to 40 million. If you factor in subscriptions to PlayStation Plus, as well as general purchases on PSN, it’s not hard to see how they’ve managed to rake in so much from the service.

Hopefully, Nintendo will have better luck with the launch of the NX next year, following what looks to be a fairly uneventful E3 from the company.

Sony’s PS4 NEO is expected to drop later this year so no doubt they’ll continue to enjoy an increase in sales, following the PS4’s 11.8 per cent growth from last year.

Posted:
Related Forum: PlayStation Forum

Source: http://www.vg247.com/2016/04/28/playstation-network-sales-top-entire-revenue-of-nintendo/

Comments

"PlayStation Network sales top entire revenue of Nintendo" :: Login/Create an Account :: 9 comments

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StifledPosted:

fair play to psn here, good news this.

SupervisorPosted:

PSN made one hell of a accomplishment there..

PittsburghPosted:

Hell of an accomplishment by Sony.

MusketPosted:

PSN is much bigger than Nintendo so that isn't really surprising

XboxPosted:

Damn that is some nice stats for them. Good job PSN ( :

KuraPosted:

Miss What is this PS4 NEO? And this is Not surprisingly. Sony has much more to offer (PS3, PS4, and Vita). Whereas Nintendo really just Jas the Wii U and DS models.


PS4 Neo is a PS4 but will have upgraded hardware to support 4K and to fully support Virtual Reality, I think? Haven't really been looking at it as it doesn't appeal to me at the minute.

I agree with you, although it is pretty crazy, the PlayStation store is available for multiple devices and serves multiple purposes but still an unreal thing to think of.

MissPosted:

What is this PS4 NEO? And this is Not surprisingly. Sony has much more to offer (PS3, PS4, and Vita). Whereas Nintendo really just Jas the Wii U and DS models.

HaloPosted:

Dont know how accurate that is but if its true thats impressive

WLRPosted:

Thats actually pretty crazy