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Sony’s Q2 financials today have taken total PlayStation division losses to $4.7 billion since PS3 launched in November 2006.
The facts:
- FY 2007: -$1,970,923,859
- FY 2008: -$1,079,994,103
- FY 2009: -$577,207,240
- FY 10Q1: -$413,541,667
- FY 10Q2: -$653,333,333
Total loss: $4,695,000,202
All figures come from Sony’s investor relations page.
Note that both quarters so far this financial year include losses from Sony’s Vaio business. Figures for the full fiscal years are losses purely from gaming. Prior to Q1 this year, the division was called “Game”: it’s now known as the “Networked Products & Services” division.
It’s also worth noting the following. These are the losses Microsoft’s Xbox division suffered during the first Xbox’s release. As you can see, they’re not as heavy as those currently being incurred by Sony:
- FY 2002: -$1,135,000,000
- FY 2003: -$1,191,000,000
- FY 2004: -$1,337,000,000
- FY 2005: -$539,000,000
Total loss: $4,202,000,000
Thanks, Psychotext. You can read a full breakdown of where the platform holders stand financially in this NeoGAF post.
Viewing 60 responses
Psychotext said:
A Microsoft fanboy who specifically mentions MS’s massive losses (and was tracking this data long before the Sony gaming group was in trouble). Impressive. I’m starting to realise that to be a Microsoft fanboy just involves not worshipping at the alter of Sony. Doesn’t really matter how critical you are of Microsoft too… that just gets glossed over.
As for the gaming division not losing that much money. Why don’t you click that link in the story and take a look through the financial results over the last three and a half years (You can even completely leave off the results since they included the PC division to get a total of roughly $3.6bn losses). Because I take it you wont believe a MS fanboy, but I assume you’ll probably believe Sony themselves.
But anyway, you point out what I’ve said that’s inaccurate and we can talk more. I assume that as a MS fanboy I must be spreading all sorts of lies here. For now though, this evil MS fanboy is off to play some Valkyria Chronicles.
Armitage said:
Have they checked down the back of the sofa?
saladino said:
ehi mr Garret, what about inflation in seven years?XD
Psychotext said:
That’s quite easy to calculate. Adjusted for inflation figures are…
Sony
FY 2007: -$2,103,101,897
FY 2008: -$1,152,422,827
FY 2009: -$577,207,240
FY 10Q1: -$413,541,667
FY 10Q2: -$653,333,333
Total: -$4,899,606,964
Microsoft
FY 2002: -$1,379,514,758
FY 2003: -$1,424,782,404
FY 2004: -$1,563,480,809
FY 2005: -$613,732,991
Total: -$4,981,510,962
So that’s -$4,899,606,964 over 42 months for Sony and -$4,981,510,962 over 48 months for Microsoft. Or -$116,657,309 per month for Sony vs -$103,781,478 for Microsoft.
For comparison, Nintendo made $317,926,126 per month over the last 42 months (adjusted for inflation)… you can probably see why I said Nintendo are laughing their arses off.
Syrok said:
You do have too much time, Psycho.
Psychotext said:
/finance geek
ranksshabba said:
Whose inflation rate(s) have you used? Japan’s, USA’S, the UK or another weighted average?
At what exchange rate, today’s spot-rate only (ignoring the varying valeus across the time span), or an average across the period or another method?
Fisher might be useful to use here or possibly the Tornqvist index.
Tell us pyschotext how you did it.
Psychotext said:
US retail price inflation (annual average) for each period as appropriate vs the 2009 baseline. Exchange rates for the actual original figures are done on a quarterly basis (on the day each quarterly reports is released) so as to ensure a more accurate conversion to dollars and avoid the fairly significant currency fluctuations which have occurred over the last few years.
No_PUDding said:
Psychotext is there.
Michael Pachter should be ashamed.
ranksshabba said:
There is no such index as US retail price inflation (RPI)
The do publish CPI – Consumer Price Index.
But I guess that’s what you meant.
Big losses anyway!
Sony $4billion loss on ps3. Ouch.
Microsoft $4billion loss on Xbox and $4billion loss on Xbox360.
Nintendo printing money with their Wii and Wii Fit.
Guess this means that us gamers will not be having a new generation of hardware from Microsoft and Sony any time soon!