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"We're still on target," says Sony exec

30 January 2009

Sony Corp. EVP and CFO Nobuyuki Oneda has said that he believes the company is still on track to meet its target of 10 million PlayStation 3 consoles sold, despite yesterday’s news of a year-on-year decrease in quarterly PS3 unit sales.

Speaking in an earnings call this week, Oneda commented: "In terms of units, it is true that PS3, as compared to last year, is slightly worse, but on a full-year basis we believe we are on track to sell the 10 million units that I said at the beginning of the year.”

The Japanese electronics giant announced Thursday that it sold through 4.46 million PS3 consoles during its fiscal Q3 compared to 4.9 million during the same period the year before.

"...Relatively speaking, [compared to] the growth of other platforms, we are behind, but it's not the case that we are not meeting the target,” noted Oneda.

On the PSP front, Oneda revealed that Sony has opted to revert back to its fiscal year goal of 15 million units sold in light of the handheld’s performance over the holiday season.

"We thought 16 million would be rather difficult" to accomplish, he offered.

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