Fri, Oct 30, 2009 | 10:41 GMT

PlayStation division sales down, losses deepen [Updates]

ps3slim

The Sony division responsible for PlayStation and Vaio products – the Networked Products & Services Division – has shown a 24.2 percent drop in sales compared to Q2 2008, down from 465.2 billion yen to 352.6 billion yen.

Losses widened from 40.6 billion yen to 58.8 billion yen for the preiod.

First half sales for the division were down to 599.5 from 859.6 in the previous corresponding period. Losses extended from 36 billion yen to 98.6 billion yen.

Sony is blaming “a deterioration in Vaio PC and the game business profitability,” and, “Deterioration due to a decrease in PS2 hardware and software unit sales, and the impact of foreign exchange rates,” for the figures.

You can see the full report here.

12 comment-trail-alt Posted in: Financials, Hot, PS2, PS3, PSP, PSPgo, Sony, Trade
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12 comments

#1

mojo
30/10/09, 10:19 am

make.believe

#2

Blerk
30/10/09, 10:19 am

Doom, gloom, gloom, doom. Still, it’s the weekend in a minute, eh? :-D

I’d imagine their more recent figures will be more pleasing for them. It’ll be interesting to see just how much better they do money-wise post price cut, though.

#3

Razor
30/10/09, 10:25 am

Well, that was only up to September 30, so only includes a month of Slim sales…the next 6 months should be more positive, what with UC2, and FFXIII in Japan.

#4

Santa Clause
30/10/09, 10:31 am

I have no doubt this is an issue across the board for all console developers, due to the recession. Not much you can do about it, sadly.

#5

Gheritt White
30/10/09, 10:34 am

Didn’t Microsoft just announce that their profits had gone up the other day, though?

#6

G1GAHURTZ
30/10/09, 10:36 am

LLLLLLLLLLLLLets get ready to RUMBLLLLLLLLLLLLLLLLE!!!!!!!!

#7

Santa Clause
30/10/09, 10:40 am

“Didn’t Microsoft just announce that their profits had gone up the other day, though?”

Yes they did, but sales of consoles aren’t the only thing that drives profit. This story is *specifically* about hardware sales.

I’m only guessing here, but I would imagine a large part of Microsoft’s profit has come around due to the launch of the new dashboard last year. They said themselves that digital downloads skyrocketed due to the nature of the new interface.

What I meant is that I imagine *hardware* sales are down across the board.

#8

Psychotext
30/10/09, 10:40 am

That puts total losses in the division at $4.7bn since the PS3 was released.

#9

G1GAHURTZ
30/10/09, 10:41 am

Uh oh.

#10

Patrick Garratt
30/10/09, 10:42 am

Added the other stories as updates.

#11

Jackrock
30/10/09, 12:20 pm

It’s easy to understand the drop in Vaio’s sales. Those computers are freakin’ expensive, specially the notebooks: 1000€ for a Vaio netbook? It’s no surprise that they don’t sell well, with a lot of cheaper and worthy alternatives.

#12

blackdreamhunk
30/10/09, 1:00 pm

thank you vg247 for finding the truth, Now lets see console fanboys say consoles have a future. more like console game devs and hardware companies are going bankuprt because of consoles.

yep enjoy your last generation of consoles. Then you have microsoft and sony wanting to push another console good luck with that.

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