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Send to email | Sony profits sink, game division floats by in financialfiscal-fun-factsscesony | By James Ransom-Wiley el 30-Oct-2008 | Filed under: Sony PlayStation 2, Sony PlayStation 3, Sony PSP, Business
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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 percent plunge in net profit and a 16-year-low share value sum up the voyage through the current economic storm. Still, the game division has posted a 10 percent rise in profit and narrowed its loss from ¥96.7 billion to ¥39.5 billion ($379 million), as PlayStation 3 hardware and software sales proved incredibly buoyant. Indeed, PS3 hardware sales totaled 2.43 million units worldwide over the quarter (besting Xbox 360 sales), as reported earlier. More impressive, though, PS3 software sales nearly doubled in the quarter, reaching 21.1 million units. While PlayStation 2 sales were actually greater than PS3 sales in the hardware (2.5 million units) and software (23.1 million units) categories, the platform actually saw decreases of 0.78 million and 14.9 million units, respectively. The PSP business also saw a lull in software sales (um, and releases), down 0.8 million units, but still managed to move 3.18 million hardware units into eager, sweaty palms -- hang tight, the games are coming next year! Overall, however, SCE continues to post losses, and, like the rest of the company, is crippled by the weak value of the yen against the dollar and euro. Sony profits sink, game division floats by originally appeared on Joystiq on Wed, 29 Oct 2008 16:45:00 EST. Please see our terms for use of feeds.
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 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| 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 30-Oct-2008 by James Ransom-Wiley in financialfiscal-fun-factsscesony Read 3 times. More hits in  |
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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs Nerdblog.Net |
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 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| Silent Hill: Homecoming creeps out of hiding | Filed under: Sony PlayStation 3, Microsoft Xbox 360, Action, Adventureclick to enlarge
Wait ... where are the floats, the cheerleaders, the awkward slow-dancing? Oh, its not that [..] Read complete article |  | Published 16-May-2008 by Randy Nelson in breakingnewsdouble-helixkonamikonami-gamers-night-...silent-hill-5silent-hill-homecoming Read 15 times. More hits in  |
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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Sony Issues Profit Forecast Shock Warning [PS3] | | Did you hear? The economy is in the shitter. Big companies like PS3 platform holder Sony are feeling the pinch. The company has now issued a whopper of a profits warning that cuts its earning forecast by 57 percent. Previously, Sony expected to pull in US$4.7 billion from its game consoles [..] Read complete article |  | Published 23-Oct-2008 by Brian Ashcraft in PS3 News PSP Sony Read 1 times. More hits in ![Images about Sony Issues Profit Forecast Shock Warning [PS3]](./images/photo.gif) |
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 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Ubisoft Profits Surge On Rainbow Six, Rayman [Ubi Profits Soar] | | Strong performance of the Rainbow Six, Rayman, The Settlers and Ghost Recon franchises drove Ubisoft to a "record-high profits" in the fiscal year ending March 2008, the company announced today. Ubisoft's sales surged 36 percent to ?928.3 million ($1.46 billion) [..] Read complete article |  | Published 22-May-2008 by Leigh Alexander in FinancialIndustryNewsOriginalRainbow SixRaymanUbi Profits SoarYves Guillemot Read 8 times. More hits in ![Images about Ubisoft Profits Surge On Rainbow Six, Rayman [Ubi Profits Soar]](./images/photo.gif) |
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