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PlayStation sales declining so far in 2012
Sony posts operating loss of $45 million in games department
Sony's Game division posted an operating loss of $45 million as the quarterly numbers are posted by the company.
In the first fiscal quarter the company's Game segment revenues are down 14.5 per cent year-on-year. Overall sales were down 10 per cent. The company claims that further losses due to the ailing fortunes of its PlayStation 3 and PSP hardware were "partially offset" by revenue from the PlayStation Vita.
"Primarily due to the lowering of the annual unit sales forecast for portable hardware, sales are expected to be significantly lower [for the Game segment] than the May forecast. Sales are expected to be essentially flat and operating income is expected to decrease significantly year-on-year," the company said.
Sony sold a combined total of 2.8 million PlayStation 3 and PlayStation 2 units, down from 3.2 million units in the same period last year. The Vita and the PSP sold a combined total of 1.4 million, a significant drop from the prior year quarter's 1.8 million units given that the Vita had not been launched at that point.
[Thanks GI]
In the first fiscal quarter the company's Game segment revenues are down 14.5 per cent year-on-year. Overall sales were down 10 per cent. The company claims that further losses due to the ailing fortunes of its PlayStation 3 and PSP hardware were "partially offset" by revenue from the PlayStation Vita.
"Primarily due to the lowering of the annual unit sales forecast for portable hardware, sales are expected to be significantly lower [for the Game segment] than the May forecast. Sales are expected to be essentially flat and operating income is expected to decrease significantly year-on-year," the company said.
Sony sold a combined total of 2.8 million PlayStation 3 and PlayStation 2 units, down from 3.2 million units in the same period last year. The Vita and the PSP sold a combined total of 1.4 million, a significant drop from the prior year quarter's 1.8 million units given that the Vita had not been launched at that point.
[Thanks GI]
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