{"id":64985,"date":"2014-05-23T15:33:33","date_gmt":"2014-05-23T13:33:33","guid":{"rendered":"http:\/\/mygaming.co.za\/news\/?p=64985"},"modified":"2014-05-23T15:34:41","modified_gmt":"2014-05-23T13:34:41","slug":"is-the-playstation-4-turning-a-profit","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/playstation\/64985-is-the-playstation-4-turning-a-profit","title":{"rendered":"Is the PlayStation 4 turning a profit?"},"content":{"rendered":"<p>The PlayStation 4 is already turning\u00a0a profit, and in turn, <a href=\"http:\/\/mygaming.co.za\/news\/news\/64341-sony-faces-financial-woes-execs-lose-bonuses.html\">making Sony some much-needed income.<\/a><\/p>\n<p>Sony\u00a0president Kaz Hirai said at a recent corporate strategy meeting that their next-gen console is &#8220;already contributing a profit on a hardware unit basis&#8221;.<\/p>\n<p>&#8220;From a profitability perspective, PS4 is also already contributing profit on a hardware unit basis, establishing a very different business framework from that of previous platform businesses.&#8221;<\/p>\n<p>This lines up with <a href=\"Sony%20to break even with PS4 at launch http:\/\/mygaming.co.za\/news\/news\/58605-sony-to-break-even-with-ps4-at-launch.html\" target=\"_blank\">earlier comments from Sony<\/a> prior to the PS4&#8217;s launch that they did not expect their latest console to &#8220;generate losses like they did for the PS3.&#8221;<\/p>\n<p>Hirai also mentioned that over half of PS4 owners subscribe to the PlayStation Plus service.<\/p>\n<p>Sony recently opened up beta invitations for the PlayStation Now game streaming service to PlayStation 4 owners, and Hirai noted that Sony plans to &#8220;introduce a new, cloud-based television service within the calendar year 2014.&#8221;<\/p>\n<p>As of April 2014, Sony had sold over 7 million PS4 consoles.<\/p>\n<h6>Source: <a href=\"http:\/\/www.gamespot.com\/articles\/sony-says-ps4-unlike-their-previous-consoles-is-already-contributing-profit\/1100-6419822\/\" target=\"_blank\">GameSpot<\/a><\/h6>\n<h3 class=\"my-4\">More gaming news<\/h3>\n<p style=\"color: #6e6e6e;\"><strong><a style=\"color: #0066cb;\" href=\"http:\/\/mygaming.co.za\/news\/hardware\/64417-sas-most-powerful-and-expensive-graphics-cards.html\">SA\u2019s most powerful and expensive graphics cards<\/a><\/strong><\/p>\n<p style=\"color: #6e6e6e;\"><strong><a style=\"color: #0066cb;\" href=\"http:\/\/mygaming.co.za\/news\/news\/64687-worms-battlegrounds-release-date-announced.html\">Worms Battlegrounds release date announced<\/a><\/strong><\/p>\n<p style=\"color: #6e6e6e;\"><strong><a style=\"color: #0066cb;\" href=\"http:\/\/mygaming.co.za\/news\/news\/64661-how-to-play-world-of-warcraft-like-a-pro.html\">How to play World of Warcraft like a pro<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sony reveals whether or not the PS4 is making them any money<\/p>\n","protected":false},"author":214,"featured_media":64867,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_enabled":true,"_sma_x_custom_text":"","_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[11681],"tags":[21,1870,1239,71],"class_list":["post-64985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-playstation","tag-headline","tag-playstation","tag-playstation-4","tag-sony"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/64985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/214"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=64985"}],"version-history":[{"count":1,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/64985\/revisions"}],"predecessor-version":[{"id":64989,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/64985\/revisions\/64989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media\/64867"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=64985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=64985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=64985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}