The PlayStation 4 video game console had exceed 60 million units worldwide, Japanese consumer electronics maker Sony Corp. (SON.L, SNE) reported Friday its financial results for the fiscal year ended March 31, 2017. The PlayStation 4, which went on sale in late 2013, has been Sony's fastest-selling game console.
Sony sold 20 million PS4 video game consoles over the 12-month period, beating the 17.7 million figure posted in its 2015 fiscal year. Those numbers helped the Japanese company's gaming division pull in 1,650 billion yen (roughly $14.73 billion), a 6.3 percent increase year-over-year. More importantly, gaming-related profit rose by an impressive 46.9 billion yen to 135.6 billion yen (roughly $1.1 billion), up from 88.7 billion yen the year prior.
Sony forecasts it will ship 18 million PlayStation 4s in fiscal year 2017, which began on April 1, 2017 and ends March 31, 2018 for a total of 78 million total PlayStation 4s shipped by next March.