Sony Games Division posts Profit this quarter - Blu-ray Forum

blitz6speed · 07-29-2008, 08:37 AM

News it out there, main things to note:

Game Division made 51 million profit vs being in the red bigtime same time last year.

PS3 games sold 400% more this year then last

blah blah

Sony is in the clear now and can march towards erasing their PS3 debt at full force.

bhuyanp · 07-29-2008, 08:40 AM

Thats good thing to hear. Now Sony can be more aggressive with gaming stuff rather than being defensive.

We should expect more investment on online experience as well as 1st party and inhouse developments.

More exclusives? May be.

blu_world · 07-29-2008, 09:35 AM

exclusives,yeah...if there up to par what people want..

dont be dishing out crap for kids,the Wii is for that.

sony already is make plans for in house devlopement...the year is now.

Psx0005 · 07-29-2008, 02:30 PM

Thought I'd add this to the thread; from Kotaku:

http://kotaku.com/5030338/sony-shift...sps-in-q1-2008

"Sony Shifts 1.5 Million PS3s, 3.7 Million PSPs In Q1 2008

Sony just posted their quarterly financial results (of note: the games division's revenue is up from ¥196 billion to ¥229 billion, and is finally making a profit, going ¥5.4 billion in the black). Amidst the investor-only, super-boring stuff are some hardware sales numbers. And what are sales number? All together now: sales numbers are fun. Between April and June, Sony sold 1.56 million PS3s, 3.72 PSPs and 1.51 PS2s, for a total of 6.79 million pieces of hardware sold. That's an increase over the same period last year, which saw them move "only" 5.49 million. And they accomplished that in spite of sliding PS2 sales, which are down 44%, meaning, yes, the PSP is still selling like hotcakes (up 75% from the same time last year) while the PS3 really starts to pick up steam (up 123%)."

Psx0005 · 07-29-2008, 02:34 PM

And while the hardware numbers were nice, here's the other side of the coin:

http://kotaku.com/5030330/ps3psp-sal...are-sales-down

"PS3/PSP Sales Up, Overall Software Sales Down

In a financial report released today, Sony reports PS3 software sales were on the rise in first quarter 2008. In Q4 2007, 16.8 million units of PS3 software were shifted worldwide compared to 22.8 million in Q1 2008 — that's an increase of 18.1 million units! The financial report does not specify if that includes purchased PSN games or not. PSP worldwide software sales were also up: In Q1 2008, 11.8 million units were moved, which is an increase of 2 million over the last quarter.

While both PS3 and PSP sales were up, PS2 sales were down. Because of that Sony states, it means that overall software sales for the PlayStation platforms were down as well. Q1 2008 saw 19.3 million units sold, and that's a decrease of 11.8 million units."

Blu boy · 07-29-2008, 03:04 PM

im guessing sony isnt selling the ps3 for a loss any more.

07-29-2008, 08:37 AM	#1
blitz6speed Blu-ray Guru Member since:Oct 2006 Location:Anaheim Hills, CA Trading Score:8	Sony Games Division posts Profit this quarter News it out there, main things to note: Game Division made 51 million profit vs being in the red bigtime same time last year. PS3 games sold 400% more this year then last blah blah Sony is in the clear now and can march towards erasing their PS3 debt at full force.

07-29-2008, 02:34 PM	#5
Psx0005 Power Member Top contributor Member since:Aug 2007 Location:Jacksonville, FL 4K collection:22 Blu-ray collection:993 DVD collection:8 MA collection:261 Digital collection:271 iTunes collection:33	And while the hardware numbers were nice, here's the other side of the coin: http://kotaku.com/5030330/ps3psp-sal...are-sales-down "PS3/PSP Sales Up, Overall Software Sales Down In a financial report released today, Sony reports PS3 software sales were on the rise in first quarter 2008. In Q4 2007, 16.8 million units of PS3 software were shifted worldwide compared to 22.8 million in Q1 2008 — that's an increase of 18.1 million units! The financial report does not specify if that includes purchased PSN games or not. PSP worldwide software sales were also up: In Q1 2008, 11.8 million units were moved, which is an increase of 2 million over the last quarter. While both PS3 and PSP sales were up, PS2 sales were down. Because of that Sony states, it means that overall software sales for the PlayStation platforms were down as well. Q1 2008 saw 19.3 million units sold, and that's a decrease of 11.8 million units." Last edited by Psx0005; 07-29-2008 at 02:52 PM.

Similar Threads
thread	Forum	Thread Starter	Replies	Last Post
Vizio beats Sony and Samsung last quarter!	Display Theory and Discussion	hardcorefrokid	22	05-24-2009 11:18 PM
Sony (SNE) Q3 results. SCE makes a profit!	General Chat	Maximus	1	01-29-2009 02:00 PM
Why Sony risked it's gaming division for Blu Ray	Blu-ray Technology and Future Technology	saprano	137	03-10-2008 07:08 PM
Sony profit predictions unveiled!	General Chat	Maximus	7	04-13-2007 03:12 PM
Sony 3rd-Quarter Profit May Fall 50% on PlayStation 3	Blu-ray Technology and Future Technology	Nismobeach	0	01-30-2007 03:48 AM

07-29-2008, 08:40 AM	#2
bhuyanp Active Member Member since:Nov 2007	Thats good thing to hear. Now Sony can be more aggressive with gaming stuff rather than being defensive. We should expect more investment on online experience as well as 1st party and inhouse developments. More exclusives? May be.

07-29-2008, 09:35 AM	#3
blu_world Special Member Member since:Nov 2006 Home Theater Gallery:27 Blu-ray reviews:1	exclusives,yeah...if there up to par what people want.. dont be dishing out crap for kids,the Wii is for that. sony already is make plans for in house devlopement...the year is now.

07-29-2008, 02:30 PM	#4
Psx0005 Power Member Top contributor Member since:Aug 2007 Location:Jacksonville, FL 4K collection:22 Blu-ray collection:993 DVD collection:8 MA collection:261 Digital collection:271 iTunes collection:33	Thought I'd add this to the thread; from Kotaku: http://kotaku.com/5030338/sony-shift...sps-in-q1-2008 "Sony Shifts 1.5 Million PS3s, 3.7 Million PSPs In Q1 2008 Sony just posted their quarterly financial results (of note: the games division's revenue is up from ¥196 billion to ¥229 billion, and is finally making a profit, going ¥5.4 billion in the black). Amidst the investor-only, super-boring stuff are some hardware sales numbers. And what are sales number? All together now: sales numbers are fun. Between April and June, Sony sold 1.56 million PS3s, 3.72 PSPs and 1.51 PS2s, for a total of 6.79 million pieces of hardware sold. That's an increase over the same period last year, which saw them move "only" 5.49 million. And they accomplished that in spite of sliding PS2 sales, which are down 44%, meaning, yes, the PSP is still selling like hotcakes (up 75% from the same time last year) while the PS3 really starts to pick up steam (up 123%)."

07-29-2008, 03:04 PM	#6
Blu boy Expert Member Member since:Jan 2008 Location:Illinois, USA PSNetwork ID: bigredsc Blu-ray collection:20	im guessing sony isnt selling the ps3 for a loss any more.

Best PS3 Game Deals