Sony Corporation has reported significant losses in its Networked Products & Services Division for the 12-month period ended March 31, 2010.
Sales of the division – which hosts the hardware manufacturer’s PlayStation and VAIO PC business – fell 10.2 percent to £11.6 billion, while operating loss reduced by £31.5 million to £609 million.
PlayStation 3 came out on top for the year, with annual sales rising from 10.1 million to 13 million units, while software sales rocketed 115.6 million.
Unfortunately, things weren’t so rosy on the PSP front, with sales of Sony’s slab dropping from 14.1 million to 9.9 million, while software declined from 50.3 million to 44.4 million.
Likewise, PS2 also experienced a performance slump, with hardware sales down from 7.9 million to 7.3 million, and software sales suffering a massive blow, dropping from 83.5 million to just 35.7 million.
Speaking on these findings, Sony commented, “Sales in the game business decreased mainly due to unfavourable foreign currency exchange rates, decreases in unit sales of PSP hardware and of PS2 software.”
"This decrease was partially offset by increased unit sales of PS3 software, driven by the expanded PS3 platform as a result of the launch of a new model."