Sony (SNE) Q3 results. SCE makes a profit!

[Maximus]

So a quick run down and explanation:

SCE made a profit, (0.4bn¥, $4.5m) but that is way down from last year, PS3 shipments are down YoY from 4.9m to 4.45m, here is the updated chart:

	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
PS3	1.68	1.93	0.71	1.31	4.9	2.33	1.56	2.43	4.45				
	1.68	3.61	4.32	5.63	10.53	12.86	14.42	16.85	21.3				
X360	1.5	1.7	1.8	1	4.4	0.5	0	1.8	5	1.3	1	2.2	6.3
	1.5	3.2	5	6	10.4	10.9	10.9	12.7	17.7	19	20	22.2	28.5

Now the biggest news to take from these results are the currency related write-downs. Sony had to write-off 127bn¥, $1.41bn from their bottom line as the Yen appreciated by around 28% against foreign currencies.

So while the results may sound poor - 10.4bn¥, $115m profit - if you factor in the one time currency write down Sony had a pretty average Q...

Onto the future, what we are going to see is the Japanese government do something about the currency situation (print baby, print!) so Japanese exporters (like Sony, Panasonic, Toyota etc..) can do business abroad but it will lead to problems with inflation at home...

[bandit29]

Not surprised about the slump in sales for the PS2 and PSP. The PS2 is old and the PSP has no games. PS3 is only down 9% but the games are up 57%. I don't care. I love my PS3

As you can see in the graph above, PS2 sales are down 52% from this time last year. PSP sales are down 12%. And the PS3, as we've touched on already, is down 9%.

Things aren't looking much rosier on the software front, with PS2 sales down 51% and PSP game sales down 15%. The PS3, well, it's a lone bright spot, with game sales are up 57% (which along with cost reductions on the hardware contributed to the division staying out of the red), though that wasn't enough to stop a decline in overall sales.

In terms of cash intake, the game division's sales fell from ¥581 billion in 2007 to ¥393 billion in 2008, falling hardware and software sales not helped by fluctuations in the value of the Yen against the Dollar and Euro.

http://kotaku.com/5141720/more-detai...sales-all-down