Grim reading: PlayStation revenue, hardware and software sales decline in Q3

Sony's PlayStation business showed like-for-like decline in the quarter ending December 31, the company confirmed today, with both hardware and software sales shrunk compared to the previous corresponding period.

Game division sales for the quarter were down 32 percent to 394 billion yen.

Overall PlayStation hardware sales for the quarter amounted to 12.06 million units, down from 16.06 million in the third quarter of 2007.

Software sales across all PlayStation consoles sat at 86 million for the quarter, down from 105 million a year ago.

PS3 software sales rose 57 percent to 40.8 million in the quarter, success drowned out by a crashing PS2: PlayStation 2 game sales were down 30 million units to 29.7 million.

Full year estimates for the PlayStation business are now pegged at 33 million for hardware compared to 36.86 million in 2007.

Software estimates for 2008 now stand at 250 million units, down from 267.4 million in 2007.

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