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PSN reports best ever revenue for second quarter in a row

Play Station Network is the online community, store, portal, or whatever you want to call it, for big time gamers. The network offers a lot of features that the subscribers love. Even though the network was hacked and a lot of data was lost from Sony’s servers, the company is still able to please its customers and is able to retain the majority of them with renewals.

The company has just said that it enjoyed the best ever two quarters in a row starting from July to September. During this period, the company has enjoyed the highest revenue for a quarter. A Sony Computer Entertainment America spokesperson said in a statement to Games Industry International that, “Our last quarter was the biggest in terms of transactional sales in PSN’s six-year history.”

And talking to Joystiq, another Sony Computer Entertainment America spokesperson added to that statement, “Transactional sales refer to PlayStation Store sales through the PSN/SEN Wallet. Our last quarter (July – September 2012) was our ‘biggest’ on a global basis with regard to revenue.”

That is good news, thanks to the Play Station Plus service, which has attracted a lot of attention and customers lately. Joystiq writes:

“PSN is apparently on the up, with Sony claiming 97 percent customer satisfaction for the service along with 93 percent renewal intent. The company says the success of PlayStation Plus is driving PSN sales.”

Sony announced the Instant Game Collection feature this summer. And after the announcement, the membership count of the service has doubled since of the launch of Play Station Plus almost two years ago. Sony, like many other companies, has not released the exact number of subscribers on the network. But nonetheless, the service is proving very beneficial to the company.

Source: Joystiq