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 Send to email | Sony game division posts hardware losses, game sales decline in businesseconomysalessony |  By Jason Dobson
el 29-Jan-2009 |
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The third quarter was not kind to Sony as the company's video game footprint posted sales and operating revenue of just ¥393.8 billion, or $4.3 billion for the period ended December 31, 2008. That may sound like a lot, but it represents a substantial 32.2 percent decline in revenue compared to the same three month stretch in 2007.
Likely a result of the economy's ongoing downward powerslide, Sony revealed declining sales across each of its hardware platforms, even the seemingly bulletproof PS2, which sold through 2.52 million units compared to 2.88 million the previous year. PS3 sales dropped 44,000 units to 4.46 million for the quarter, while 5.08 million, or 68,000 fewer PSP units went out the door as well. If there is a silver lining to be seen -- and you really have to squint to see it -- it's that PS3 game sales were up 14.8 million units over last year, though with shrinking PSP software sales and a staggering 31.2 million unit drop off in PS2 games sold, we doubt anyone at Sony's game division is throwing a party. Sony game division posts hardware losses, game sales decline originally appeared on Joystiq on Thu, 29 Jan 2009 10:00:00 EST. Please see our terms for use of feeds.
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| US video game sales continued to decline in August |  2009 has not been a good year for video games here in the US. While console sales were up significantly compared to July, August marked the sixth consecutive month in which industry sales have declined year-over-year. According to numbers recently released by NPD Group, overall gaming sales were down 16 percent YoY despite positive sequential [...] [..] Read complete article | | Published 11-Sep-2009 by Zach Epstein in
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| Sony profits sink, game division floats by |  Filed under: Sony PlayStation 2, Sony PlayStation 3, Sony PSP, Business
With the celebratory horn tooting out of the way, let's turn to Sony's overall quartely results -- a tune, you'll find, that's distinctly grim. A 72 pe [..] Read complete article | | Published 29-Oct-2008 by James Ransom-Wiley in financialfiscal-fun-factsscesony
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