Sony Fiscals for Quarter -PS3 sells 6.5 million

[radgamer420]

I made a joke, but forgot.. I didn't put a meme or funny gif in, so it was lost. Sorry.

Oh ok. Thats the bad thing about the internet. You cant hear the tone of voice or see someones expressions or demeanor. lol Anyway, no worries.

[Cuguy]

Removed my poor joke and replies to said post

[mooninites]

LMAO How long have people been saying that now? +rep

Thanks. They'll never stop saying it. People like over exaggerating and the dramatics.

Holy crap I'm tapatalking

[radgamer420]

Removed my poor joke and replies to said post

Thankyou Cuguy. I appreciate that.

[radgamer420]

Thanks. They'll never stop saying it. People like over exaggerating and the dramatics. Holy crap I'm tapatalking

Yeah, alot of 'news' sites do it as well just to get hits. Gaming journalism is a joke this generation.

[Chille]

Bbbbut if the ps3 doesnt sell well satan is going to take.my soul! That was the deal, noooooooo

Anti-Sopa Pro-Zodd

[AaronSOLDIER]

Activision might threaten to pull the plug again

[radgamer420]

Activision might threaten to pull the plug again

lol I forgot about that one.

[Nitey]

Yeah ,pretty much only the GO failed right?

PSP started out slow, but has been a great seller.

Yeah the GO was a failure, I found it funny when Media Create sales came in and it was tracking at 5 sales a week. Not because it was failing, but because FIVE whole sales were being tracked

Software sales weren't great for the PSP, but hardware sales have been good

I actually regret not buying a PSP ever. I wish I'd given it time. There are some great games I missed out on. Does the Vita play PSP games?

Yeah man, but only the games that are available on the PSN store. A lot of niche games, as you can imagine, aren't available on the store. But many of the bigger/better titles are. The prices could do with a cut IMO

[Chille]

Activision might promise to pull the plug again

Fixed for accuracy


Anti-Sopa Pro-Zodd

[LeisureSuitLarry]

no idea what professional devices do.

You don't want to know

[AaronSOLDIER]

Fixed for accuracy


Anti-Sopa Pro-Zodd

Wouldn't affect me in the slightest (so long as they release THPSHD before they do).

[TDbank24]

So the PS3 is still kicking ass and taking names. Good to see Sony with a strong showing this generation after a tough start.

[The Sith]

PSP has 61.3 million units sold. How is that a failure? http://andriasang.com/comzuc/hirai_games_number_one/

Was referring to the PSP GO

Not sure what will happen to the LCD division of Sony. They haven't turned a profit in five years. The tv market is a tough business with point levels
dropping at an all time low in the industry. Haier had offered to buy out Sony LCD division a few years back.

[radgamer420]

Was referring to the PSP GO

Oh ok. Yeah, I knew GO would fail. DD only with no extra features over the PSP. No surprise.

[Yungstar 2006]

LMAO How long have people been saying that now? +rep

Sony's Hirai: We could be in 'serious trouble'

Sony president Kazuo Hirai, who took over the role recently, has admitted that the company has tough times ahead, thanks to "one issue after another."

Hirai was named the new Sony president and CEO earlier this week, having taken over the role from former president Sir Howard Stringer. He was instrumental in the early marketing success of Sony's then-new PlayStation video game brand in the mid-1990s.

However, in an interview with The Wall Street Journal, Hirai said, "I thought turning around the PlayStation business was going to be the toughest challenge of my career, but I guess not. It's one issue after another. I feel like 'Holy shit, now what?'"

With Sony's stock at a low, plus third quarter declines in revenue and a swing to losses year-over-year, Hirai also noted that he needs to make some tough decisions about the future of the company.

"We really need to buckle down and be realistic," he explained. "I don't think everybody [working at the company] is on board, but I think people are coming around to the idea that if we don't turn this around, we could be sitting in some serious trouble."

He added, "We can't just continue to be a great purveyor of hardware products, even though some people expect us to do that."

http://www.gamasutra.com/view/news/4...us_trouble.php

[Sub-stance1]

Hopefully, Kaz can turns things around for them. It will be a tough job but i think he's the one who can make it happen.

[radgamer420]

Sony's Hirai: We could be in 'serious trouble' http://www.gamasutra.com/view/news/4...us_trouble.php

We've heard this kind of stuff before. But anyway as a consumer you should be hoping Sony doesn't go under. You wouldn't like an industry dominated and monopolized by one company be it MS or Sony.

[AaronSOLDIER]

Kaz shouldve been promoted last year, Stringer was CEO for too long, since he was promoted Sony went downhill.

[Soldier 95B]

Would suck if Sony went under, but I am sure Japan's government would bail them out first.

[Cuguy]

Would suck if Sony went under, but I am sure Japan's government would bail them out first.

I doubt highly they go under, but rather a nice restructuring to trim the fat so to speak...

[radgamer420]

I doubt highly they go under, but rather a nice restructuring to trim the fat so to speak...

I agree. I predict some massive lay offs.

[Bligmerk]

Sony is going to end up reporting a loss of $3 Billion for their FY11. $1.5 Billion of that was to buy out Ericson and there was a $1.5 Billion loss during the third quarter, probably mostly in TV's.

Several Japanese electronics companies are being hit by the high valuation of the yen. Panasonic is going to report a $10 Billion loss for their fiscal year. The earthquake and Thailand floods are still impacting the supply line. Still, Hitachi reported a $10 Billion loss in 2009 and are going to post a profit of $5 Billion for their fiscal year, so these companies can restructure fairly quickly. So can Sony.

[Cuguy]

I agree. I predict some massive lay offs.

Combining of divisions.. etc.. yeah.

If VITA is not a runaway success, it could be a real possibility to cut handheld gaming as well to be honest.

[Soldier 95B]

Yup, they gotta make cuts somewhere to head back into the black. It won't happen over night though...so patience young padawans.