Sony suffers big loss in FY2012 financials, PlayStation division down
- Posted May 10th, 2012 at 04:40 EDT by Don Oliveira
- 3 Comments
Sony has reported a rather large $79.1 billion loss in the company’s fiscal year 2012 earnings, blaming the 2011 Thailand floods for some of its damages.
Year over year, Sony has seen a $2.8 billion (¥229.8 billion) loss this year, contrasting the $135 million profits from last’s.
The Consumer Products and Services division (which encompasses the PlayStation brand) saw losses across the board with PlayStation 3 hardware sales down by 400,000 units worldwide from the same period last year. A dip in sales of 1.2 and 4.1 million units has also been suffered for the PSP and PS2 platforms respectively.
Vita sales were not disclosed, however, Sony predicted a combined worldwide sales number of 16 million for the Vita and PSP in next year’s results.
- 5:14am EDT - May 10th, 2012
Nintendo have suffered losses too, I guess this is due to a general downfall of sales of software. For the moment PSVita is not selling well but for me this is the best hand held ever made, we just need more games and a price drop for the console. Vita games are more expensive than 3DS games but I guess it takes more money to make a game like uncharted than just another pokemon or mario game. 3DS is for kids whilst Vita is for hardcore gamers, sony needs to make more casual games for both PS3 and Vita!
- 6:06am EDT - May 10th, 2012
Ouch, a tough year for Sony. More details here: http://www.nytimes.com/reuters/2012/05/10/business/10reuters-sony-results.html?hp
- 12:09pm EDT - May 10th, 2012
I hope this never leads to Sony dropping its gaming division.
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