Sony profits to $675 million a year by moving its games to other platforms

Sony reaps a high percentage of profits by launching its first-party projects on other platforms after platforms PlayStationAndThe company’s profits related to this can be traced in several of its past reports.

For the entire 2023 fiscal year, which runs from April 1, 2023 to March 31, 2024, Sony made about $675 million in profit from its game transfer projects, or so-called ports , This means porting PlayStation games to home computers or even Nintendo Switch and Xbox. As an example, we have the famous collective and fantasy shooter Destiny.

Revenue from games ported to other platforms increased by approximately two and a half times compared to the previous fiscal year 2022, as ports of PlayStation games brought Sony approximately $434 million in net profits.

But that’s not a very good thing by Sony standards. For example, in fiscal year 2023, game sales were allowed on Physical media (which represents its most modest total revenue) for Sony with approximately $1.156 billion in profits, Unfortunately, Sony’s reports don’t provide a breakdown of the company’s game sales on other platforms.

Sony today makes most of its money and huge profits from small cash deals that earn it up to $6.95 billion a year, as well as game sales that earn it profits of up to $5.4 billion per year, which are very good numbers actually.

Sony profits to 5 million a year by moving its games to other platforms

The Japanese video game giant announced revenue of $13 trillion for 2023, an increase of 19% year-on-year. However, Sony’s operating profits for the full year were 1.2 trillion yen, a year-on-year decline of 7%. what will happen with… PS5 Pro announcement.

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