Sony is continuing it’s road to financial recovery, having recently reported an increase in profit for Q1 2015. Sony has report $780 million operating profit, up 39% compared to last year, and mostly thanks to the success of the PS4. Sony’s games devision was obviously the most profitable part of the company, reporting 350% increase in profits to $147 million.
Sony has also announced that over 25.3 million PS4 consoles have shipped worldwide since launch, which means Sony is on target to ship 30 million by the end of 2015. In early May 2015, Sony reported that a total of 22.3 million PS4s had been sold since launch.
The Sony Music and Devices devisions also reported profits, but Sony Pictures reported a loss. The report also notes that Sony’s games division actually lost ¥15.6 billion due to foreign exchange rate fluctuations, which is roughly £80 million pounds – that’s a lot of money lost from changes in the exchange rate.