PS4 has shipped 40 million, PSN pulls in more revenue than all of Nintendo

PlayStation 4 has shipped over 40 million units worldwide since its launch in November 2013, Sony announced during its latest financial briefing overnight.

The console maker confirmed it shipped a total of 17.7 million consoles during fiscal year 2015, which is an increase over its original forecast of 17.5 million. It’s also significantly up year-on-year, when 14.8 million units were shipped during the 2014 fiscal year.

Elsewhere, PlayStation Network continued to drive impressive figures for Sony. The flagship online service brought in a whopping 529 billion yen in revenue, which is more than the entirety of Nintendo’s company profit of 502 billion yen.

Sales of PlayStation 3 continued to decline, although the performance of Sony’s current-generation console combined with hardware cost reductions helped offset any losses. 

Sony announced back in January 2016 that it had sold-in 37.7 million PS4 consoles globally. The system is comfortably outpacing the Xbox One, which is believed to have sold in the region of 18-20 million consoles worldwide.

Last September, Wedbush Morgan analyst Michael Pachter predicted that Sony’s flagship console will reach 130 million sales during its lifetime.

PS4 has a major year ahead of it, with the likes of Uncharted 4: A Thief’s End, No Man’s Sky, The Last Guardian, Horizon: Zero Dawn and Gran Turismo Sport all coming exclusively to the console. 

In addition, Sony is gearing up for the launch of PlayStation VR in October 2016. The company hopes to have around 50 games out for the virtual reality headset by the end of the year, and has said that around 230 developers are currently working on games for the device.