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Sony quarterly earnings report - PS3 ships 10 million
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Old 02-03-2008, 11:30 AM
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Default Sony quarterly earnings report - PS3 ships 10 million

Game division makes quarterly profit too.


Last night Sony released their three-quarter year earnings report, and surprisingly the game division made a small profit for the quarter.

Net quarterly sales for Sony's game division Sony Computer Entertainment were US$5 billion (AU$5.6 billion), of the US$25 billion (AU$28 billion) revenue for the whole Sony conglomerate. From this, Sony as a whole made US$1.66 billion (AU$1.86 billion), with the game division making a small operating profit of US$133 million (AU$149 million). This figure is before tax and expenses, since individual divisions do not report post-tax (net profit) figures.

This is quite a turnaround for SCE, which lost over a billion US dollars over the previous two quarters. Sony attributes the turnaround to PlayStation 3 hardware cost reduction, and while it's almost certain the PS3 is still losing money (since these figures include the still very profitable PlayStation 2 and the at least break-even PlayStation Portable), it is now losing significantly less then in all previous quarters since release.

In Sony's fiscal Q3, which runs from October-December 2007, Sony shipped 5.4 million PS2 consoles, 4.9 million PS3 consoles and 5.76 million PSPs, along with 60.9 million PS2 games, 26 million PS3 games and 18.3 million PSP games. This brings the PS3 life-to-date shipments to 10.49 million. Unfortunately it is impossible to calculate PSP and PS2 total shipments, as in June 07 Sony changed their numbers from 'shipped to Sony warehouse' to the industry standard 'shipped to retailer', and they never supplied re-calculated figures for their older platforms from earlier than October 06.

Looking forward, Sony has lowered their fiscal year shipment forecast for the PS3 from 11 million to 9.5 million, so they will have shipped 13.07 million PlayStation 3 consoles by March 31, 2008. On a more positive note, the PSP forecast has been raised from 10 million to 13 million for the fiscal year.

Last edited by H.axen : 02-03-2008 at 11:35 PM.
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Old 04-01-2008, 11:34 AM
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