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GADGETS AND GAMES DIRECTORY :: Games > Xbox 360 Register WeblogGames >  Xbox 360 Tech Weblogs - WEEKLYBITS.COM GADGETS AND GAMES DIRECTORY
Kotaku`s The Gamers Guide
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Kotaku
XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers
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, prediction. Don't get a life just yet.Visit Kotaku
Address URLhttp://kotaku.com    Registered: 09-Apr-2008
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Visit  Sony's Game Biz Thrives While Company Takes A Big Hit [Sony] Sony's Game Biz Thrives While Company Takes A Big Hit [Sony] in Sony Financial Original Ps2 PS3 PSP
By Leigh Alexander
el 29-Jul-2008

Thanks to improved PS3 sales, Sony's games biz reported a profit on their first fiscal quarter, with sales up 16.8 percent over last year. Net sales for the devision were ¥5.4 billion ($51 million), whereas the company lost ¥29.2 billion ($273 million) in the same period last year.

But it's not all good news. Overall, Sony saw its profits plummet about 47 percent in the quarter, failing to meet analyst estimates and down close to 40 percent over last year. It also lowered its forecast for next year, due to concerns about the mobile phone business for the company as a whole.

While sales of PSP and PS2 hardware declined, PS3 sales were up. The PS3 sold 1.56 million units, compared with .86 million in the same period last year. The big gain, though, was in individual platform software. Hit the jump to see details of how it all breaks down.

PS3 software sales saw a stunning increase from 4.7 million units in last year's first quarter to 22.8 million units this time around. PSP games are also selling healthily, up 1.59 million to 3.72 million year-over-year.

Worldwide hardware unit sales (increase/decrease year-on-year):
PS2: 1.51 million units (a decrease of 1.15 million units)
PSP: 3.72 million units (an increase of 1.59 million units)
PS3: 1.56 million units (an increase of 0.86 million units)

Worldwide software unit sales (increase/decrease year-on-year):
PS2: 19.3 million units (a decrease of 11.8 million units)
PSP: 11.8 million units (an increase of 2.0 million units)
PS3: 22.8 million units (an increase of 18.1 million units)

Sony said, however, that its total software sales were down due to the decline in PS2 software sales.




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