Sony PlayStation Hardware and Software Sales Increase, Division Still Operating at a Loss
Sony closed its first quarter of the fiscal year (ending June 30, 2010) with a strong increase over the ¥37.1 billion loss ($426M) it saw...
Sony closed its first quarter of the fiscal year (ending June 30, 2010) with a strong increase over the ¥37.1 billion loss ($426M) it saw during the same time period last year. In financial statements released today, Sony revealed its quarter ended with a net income of ¥25.7 billion ($295), pushing overall year-over-year sales up by 3.8 percent to ¥1.7 trillion ($18.7B).
Although the overall PlayStation brand saw an increase in hardware and software sales for the quarter, the combined Networked Products and Services division, of which it is a part of, recorded an operating loss of ¥3.8 billion ($43M). The reported loss still pales in comparison to the ¥36.7 billion ($422M) drop the division saw in the same time period last year.
In the period, PlayStation 3 hardware saw an increase of 2.4 million units, versus 1.1 million the previous year with software sales climbing to 24.8 million units (a 10 million unit increase over last year). PlayStation Portable sales dipped to 1.2 million units from 1.3 million; however, software sales for the handheld jumped 900K units to 9.2 million.
PlayStation 2 hardware remained constant at 1.6 million units but software dropped 5.1 million units to 3.4 million.
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Wait. wait. huh? I thought it was PC gaming that was dying. you know, for kids..er.. I mean piracy.
It's funny that TVs and home theater devices have moved towards the gotta-have it new end of the spectrum were as consoles are pushing to the other end now; where the mfr doesn't want to develop a new product. You didn't used to hear about any improvements in TVs, and now it's new features every year. Too funny.