Sony expects to sell another 20 million PS4s by March 2017

Sony expects to sell 20 million PlayStation 4s during this fiscal year, and anticipates that sales in its Games and Network division will rise by 8.3 percent to 1.68 trillion yen ($15.3 billion).

That's according to the company’s latest financial forecast, which was released today -- rather than alongside its earlier end of year report -- due to disruptions cased by earthquakes in Japan. 

As of January 3, 2016, worldwide PlayStation 4 sales stood at 35.9 million, meaning we could see the console easily break the 50 million sales mark by the time this financial year ends on March 31, 2017. 

On top of rising hardware sales, the Japanese giant is also counting on an increase in PlayStation 4 software sales, both physical and digital. 

Despite those positive predictions, Sony is actually readying itself for a loss across all divisions, and expects to see sales drop to 7.8 trillion yen ($71 billion) from 8.1 trillion yen ($74.9 billion), and profits fall to 80 billion yen ($728 million) from 147.8 billion yen ($1.4 billion).