Kaz Hirai: The PS4 is Already Profitable With Hardware Alone

Kaz Hirai: The PS4 is Already Profitable With Hardware Alone

Giuseppe Nelva May 22, 2014 12:01 PM EST

With the financial results released a few days ago many have been wondering about the impact of the PS4 on Sony’s finances, and today’s Sony’s CEO Kazuo Hirai explained during a corporate strategy meeting in Tokyo that the hardware is indeed profitable, as reported by the Japanese site AV Watch.

The PS4 has already recorded a profit with hardware alone, and in that it’s different from the business model of previous platforms.

That’s actually great news for Sony, considering that the console is selling very well, and being able to generate a profit will definitely help in resurrecting the company’s finances by fiscal year 2015 as forecasted today.

Of course we’ll have to see if the momentum will last, but my money is on “yes.”