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Sony Loves PSP

Six million handhelds help turn company’s loss into profit

Sony Loves PSP
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PSP

Okay, it’s hardly the same as turning water into wine or, perhaps more appropriately, base metals into gold, but it’s a significant achievement nonetheless. Sony has revealed its latest financial results showing a 51 per cent increase in revenue from sales totalling ¥2,368b (£11,399m), which effectively means the electronics giant will not suffer an annual loss for the first time in over a decade.

And it’s in no small part thanks to the PSP. Widely regarded as one of the top Christmas purchases, the company shipped 6.22 million units during the festive season alone, meaning the global handheld’s shipment to date now stands at a very healthy 15 million.

Joao Diniz Sanches
Joao Diniz Sanches
With three boys under the age of 10, former Edge editor Joao has given up his dream of making it to F1 and instead spends his time being shot at with Nerf darts. When in work mode, he looks after editorial projects associated with the Pocket Gamer and Steel Media brands.