Sony expects PSN to pull in 50 billion yen in FY 2009

Posted by Mister-X on November 20th, 2009 at 02:00pm

Though yesterday's Sony investor's conference featured a concerning reference to the PSN's "new revenue stream from subscription," another slide from the presentation seems to indicate that the platform is already making money hand over fist. According to the slide (seen above), the company has set a lofty goal for the current fiscal year: It expects the PSN to bring in ¥50 billion (roughly $561 million) in revenue by the end of FY 2009. That's three times the amount of cash collected by the platform in the last fiscal year.

Exactly how Sony plans to boost its revenues so drastically is outlined by other statistics on the slide. According to the company's calculations, the PSN currently has 33 million registered users, 1.4 million of which visit the PlayStation Store on a daily basis. We fall into the latter group -- but only because we can't stop window shopping for celebrities we can fling into oncoming traffic. We confess: It's one of our dirtiest, guiltiest pleasures.

Source - "Media / Investor Conference - November 19th 2009" [PDF]

Sony expects PSN to pull in 50 billion yen in FY 2009 originally appeared on Joystiq on Fri, 20 Nov 2009 13:00:00 EST. Please see our terms for use of feeds.