Sony unveils Q1 results, but how well did PS Vita sell?
- Posted August 2nd, 2012 at 05:58 EDT by Mike Harradence
- 3 Comments
Sony Corporation said today that its Game division posted a year-on-year overall sales loss of 14.5 per cent during its first financial quarter.
The electronics giant attributed the decline to “lower sales of hardware and software of the PSP and PlayStation 3, partially offset by the contribution of the PlayStation Vita introduced from December 2011.”
Interestingly, PS Vita figures were conspicuously absent from the financial report, and were instead combined with its predecessor's numbers.
Sony revealed that PS2 and PS3 hardware figures reached 2.8 million for the period, down from last year’s 3.2 million. Software, meanwhile, was down from 2011’s 27.6 million to 20.1 million.
PSP and PS Vita turned in 1.4 million hardware sales, down from 1.8 million that PSP moved during the same period last year. 5.8 million units of software were pushed, again down from last year when PSP alone sold 6.6 million.
The Games division posted an overall operating loss of $45 million, a stark contrast to 2011 where the sector proved highly profitable for the company.
As a whole the three month period proved decidedly underwhelming, with revenue jumping by just 1.4 per cent year-on-year to $19,180 million. Operating income was down 77.2 per cent to $79 million.
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Comments
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TheTenth666
- 4:31pm EDT - August 2nd, 2012
- 2
man, the solution is simple : drop the prices!!! the money the CEO and top ranking employees will then be reduced to non insulting levels as a consequence
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Arnekun
- 6:55pm EDT - August 2nd, 2012
- 3
It's kinda pricey but that's not even my issue, I just want more choices in colors. I only intend to buy one so I'd rather get one that feels personalized. IDK why they always have to sell only black for the first year, I like black a lot too, but it doesn't feel personalized enough when everybody's got a black one. They should really consider putting out multiple colors from launch. Nintendo's been selling multiple colors of their handhelds after they remodeled the first DS, heck even GameBoy Pockets were sold in an assortment of colors, and I'm not even a fan of this gen's Nintendo. It's to be expected that people would care more about the color of the things they carry around and show to the public than the color of a console that stays at home. So I'm still waiting on the Crystal White one or any other nice color. But frankly at this point they should just release a more compact model with more built in memory, fixes to various issues and complaints like overheating or battery life, and a variety of color options. That would be more ideal anyway.
Also the software lineup could be better, but I think devs are hesitant due to poor sales.
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