viedogame: PS3 sales on the rise as Sony suffers overall losses

viedogame All of the News. Can you keep up?. // via fulltextrssfeed.com

PS3 sales on the rise as Sony suffers overall losses Feb 2nd 2012, 06:43 PlayStation 3 hardware moves 6.5 million units for the quarter, but Consumer Products & Services division loses ¥85.7 billion overall. Sony announced its third quarter earnings today, revealing a significant increase in PlayStation 3 hardware and software sales in the three months leading up to December 31, 2011. According to the earnings report released today, 6.5 million PlayStation 3 units were sold in the publisher's third quarter, an increase of 2.8 million units on the previous quarter, and an increase of 200,000 units compared to the same period last year. In PS3 software sales, Sony recorded a total of 66.2 million units sold, an increase of 28.8 million units on the previous quarter, and an increase of 8.6 million units compared to the same period last year. Sony's PS3 sales increased this quarter. However, Sony's other PlayStation business was largely in decline this quarter compared to the same time last year: PSP hardware sales fell from 3.6 million to 2.4 million, while software sales for the handheld fell from 16.5 million to 11.4 million copies sold; and the PlayStation 2 continued its steady decline, with hardware sales down from 2.1 million to 900,000, and software sales slipping from 5.3 million to 2.5 million units shifted. Sony's Consumer Products & Services division--which includes the PlayStation business as well as TVs, home audio, cameras, and personal electronics--suffered an operating loss of ¥85.7 billion (US$1.1 billion), compared to an operating loss of ¥63.5 billion yen (US$834.1 million) in the same quarter of the previous fiscal year. Year-over-year sales for the division were also down, sliding 24.4 percent to ¥996.5 billion yen (US$12.78 billion). Company-wide, Sony posted a decrease in sales of 17.4 percent year-on-year, arriving at a figures of ¥1,822.9 billion (US$23.38 billion). Sony attributed the loss primarily to the impact of the October 2011 Thailand floods, as well as a deterioration in market conditions in developed countries and "unfavorable" foreign exchange rates. Across all divisions, Sony suffered a net loss of ¥91.7 billion (US$1.2 billion) for the quarter.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions