The analyst noted PSN's $12.5 billion is "higher than Nintendo's total revenue for 2018." Sony's network also beat out Microsoft's gaming division last year, which generated $11.5 billion, according to
Ahmad.
Only PSN made $12.5B in 2019, but the Playstation division:
At $18.72 billion overall,
2019 was the second-biggest year in
revenue for
PlayStation, including hardware, software, and all
revenues earned through the division. That was down from 2018's $20.43 billion, but up from $16.77 billion in 2017.
Sony made more than $12B in PSN revenue in 2019, including from sales of digital games and add-ons, as well as subscription service memberships.
www.playstationlifestyle.net
So Playstation is making around double what Xbox Division making with all its services and sales.
The companies as a whole:
Sony $78B
Microsoft $110B
Microsoft is bigger but less diverse, and benefiting from PC monopoly at the moment until Chrome OS matures + Harmony OS (Huawei) hit the market and share some of that space.
Sony gaming division is not the most profitable branch anyway, but they are top/high-end on most of their branches in terms of quality and seems to be seeking car making in the near future.