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Sony sells 9.24 million PS3s in 2007; reveals forecast for '08

14 May 2008

Sony Corporation has announced that it sold approximately 9.24 million PlayStation 3 consoles in the financial year ended March 31, further adding that it plans to sell 10 million during the upcoming 2008 business year.

This brings the total number of PS3s sold globally since launch to 12.85 million, with the Xbox 360 currently at 19 million and the Wii at 24.45 million.

The company also revealed that it sold a total of 15 million PlayStation Portable units, although it neglected to reveal  its current sales forecast for the handheld device.

Elsewhere, the platform holder is also expected to sell 17 million liquid crystal TVs for the fiscal year ending March 2009, up from the previous year ended March 31 2008, where the firm sold 10.6 million.

Mizuho Securities analyst, Koichi Hariya, commented: “The forecast for 450 billion yen in operating profit this financial year looks solid, given that there’s been speculation the yen’s rise and slower U.S. growth could have a negative impact.”

“The results could lead to bullish sentiment on Sony shares."

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