PlayStation software and services drive strong Q1 for Sony

Sony Interactive Entertainment had a strong first fiscal quarter, with a combination of first-party releases and the COVID-19 lockdown boosting sales of PlayStation software.
In the three months ended June 30, 2020, Sony Corp.'s Games and Network Services division earned ¥606 trillion ($5.7 billion) in revenue, up 32% year-on-year.
Operating income for the period was ¥124 trillion ($1.2 billion), up 68% over the same quarter last year.
Hardware was predictably weak so close to a new generation of consoles, with only 1.9 million units of PlayStation 4 sold during the quarter -- down from 3.2 million in fiscal Q1 last year. PlayStation 4 hardware has now sold 112.3 million units overall.
PlayStation's real strength was in software, with The Last of Us Part 2 the clear highlight of the quarter. Naughty Dog's game had sold four million units by June 21, and Sony did not update that figure in its results.
The company's first-party games sold 18.5 million units during the quarter, a significant chunk of the 91 million PS4 games sold overall.

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