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PlayStation Plus Free Games for August 2018 Revealed

Aug 03 2018

Kenichiro YoshidaSony's CEO unveils company's mid-term strategy for 2018-2020 Tokyo Japan- 22 May 2018 Kenichiro Yoshida, President and Chief Executive Officer of Sony Corp. attends an announcement event at its headquarters in Tokyo

Sony predicts that by end of March 2019 they will have shipped up to 96 million units, adding up around one million more units than previously predicted.

According to the company, its net income will be ¥500 billion (~$4.5 billion) with sales of ¥8.6 trillion (~$77.82 billion).

The company reported profits of 226.4 billion yen ($2.0 billion) for the April to June quarter, up from 80.9 billion yen in the same period previous year and 21.2 billion yen in 2016.

The figures are Sony's first quarterly results under new chief executive officer Kenichiro Yoshida, who replaced Kazuo Hirai in April. Sony recorded a one-time gain of ¥53.9-billion from the sale and said its remaining shares have a fair value of ¥95.3-billion.

The strong results led to an increase in the company's full-year forecast.

In May, Sony unveiled a US$1.9 billion deal to buy industry titan EMI Music Publishing, which has the rights to songs by the likes of Queen and Pharrell Williams.

Operating profit was ¥195 billion ($1.75 billion) in the June quarter, the Tokyo-based company said Tuesday, compared with analysts' average projections for ¥145.4 billion.

After releasing Zero Escape - Zero Time Dilemma and Heavy Rain as some of the gifts for their loyal subscribers last month, the next set of games to be released for free under the Instant Game Collection for PlayStation Plus for August 2018 have now been announced by Sony.

As usual, each month of free games for PlayStation Plus also brings with it a handful of other noteworthy titles that act as a supporting cast of sorts for the Triple-A headliners, and August 2018 is no different. This would inch the PS4 to the magical number of 100 Million shipped consoles. This is thanks to the 3.2 million units that the company managed to ship in the past quarter.

For the year to March, Nintendo maintained optimistic annual targets, forecasting net profit of ￥165 billion and operating profit of ￥225 billion on sales of ￥1.2 trillion.


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