When a company releases a new console they usually expect to see a loss at first while the console picks up speed and eventually starts bringing in the money. It seems Sony have avoided this as recent reports from Sony state that the PS4 is already turning a profit.

The president of Sony and CEO Kaz Hirai said at a strategy meeting that the PS4 has been “hugely successful,” he went on to say “From a profitability perspective, PS4 is also already contributing profit on a hardware unit basis, establishing a very different business framework from that of previous platform businesses.”

He also noted that more than half the PS4 owners have a subscription to PlayStation Plus.

Source: IGN

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