PlayStation 4 News & Updates: Sony's Console Sold 40 Million Units As Of Their Fiscal Year

By Timothy Martinez , Updated Jun 01, 2016 07:23 PM EDT

Sony's PlayStation 4 is the company's fastest selling game console. More than 40 million units were sold globally for Sony's fiscal year.

As of this date, the PlayStation 4 is known as the fastest selling unit that the company produced. After it was launched in North America and Europe in 2013, it took Japan by storm a year after.

Prior to the PlayStation 4's release, PlayStation 3 also became a big hit which sold 80 million units in a span of four years as per The Hollywood Reporter. Despite the fact that consumers would tend to invest on tablets and smartphones, PlayStation 4 is still one of the top selling gaming devices.

It was originally anticipated that PlayStation 4 sales would decline as the popularity of smart phones, tables and hand held consoles continually rise and increase in popularity. To their surprise, PlayStation 4 overwhelmingly surpassed Sony's expectations.

Though the company already sold more than 40 million, it was mentioned that Sony was not able to announce their financial forecast on time. It was mentioned that the delay was caused to the sales prediction where Sony predicated that they would still be able to sell 20 million more units by March 2017.

According to Tech News Today, Sony Interactive Entertainment president and global CEO Andrew House opened up about Sony's success. During his speech, House also expressed his gratitude toward Sony's fans.

As Sony's success continually increase, House mentioned that they will continue to expand and improve their technology. He also noted that they will soon bring in the virtual reality system and a fresh take on technology advancement.

"We will strive to deliver even more exciting gaming experiences to our users," House said as part of his speech. "Further driving the momentum and accelerating the expansion of the PS4 platform and its business this fiscal year by offering an unparalleled line-up of games, bringing our virtual reality system, PlayStation VR, to market and providing ground-breaking features and network services."

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