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Sony reveals Q1 fiscal results; PS3 sales double, PSP slightly falls

Posted Jul 29, 2010 at 9:41PM EST by Ryan F.

Listed in: PSP, PS3 Tags: Playstation, ps3, psp, Sony

playstation_family

It looks like things are really looking up for Sony these days as the Japanese electronics giant posted an increased sales and cut its operating loss in the company’s first fiscal quarter results ending June 30.

According to it's financial statement released today, Sony recorded a net profit of US$ 289 million for the first quarter, with sales up 3.8 percent equating to US$ 18.7 billion that further slimmed down its operating loss from US$ 422.1 million a year earlier to $43 million, thanks mainly to the low-cost PS3 Slim.

The PS3 unit sales more than doubled this year, moving 2.4 million units in the quarter as compared to 1.1 million units the previous year with it's software sale reaching 24.8 million units (up against last year's 10 million units).

On the PSP side, things are looking a bit differently as the handheld sale continue to decline from 1.3 million units last year to 1.2 million units this quarter, but interestingly however, software sales for the handheld jumped up to 9.2 million this quarter, as compared to 8.3 million last year. The PlayStation 2 hardware remained the same as last year with 1.6 million units but it's software dropped significantly, from 8.5 million units to 3.4 million.

Via [Gamasutra]

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(7)

(1)

$40=£25

I paid £21 for Peace Walker (was 20 but wanted next day delivery), and given the quality of that game I'd pay £30 no problem. You honestly are a cheapskate, squire. There are lots of handheld games made by large studios with big budgets that are better than their home console versions (case in point; how much better PW is over MGS4).

+1 # RE: Sony reveals Q1 fiscal results; PS3 sales double, PSP slightly falls — aperson2 2010-07-30 05:19

No mention that the Playstation division is still losing them money?

-3 # lol wut? — chuck.fx 2010-07-30 08:44

the ps division stopped losing money months ago...

+1 # Sorry — aperson2 2010-07-30 13:07

I wasn't aware I was talking to a moron who can't read numbers -

http://www.joystiq.com/2010/07/29/sonys-playstation-division-sees-sales-increase-still-operating/

"Compared to the same time last year, the division that houses the PlayStation brand is in a much better place, even though it still operates at a loss."

# ugh — chuck.fx 2010-08-05 01:38

operating at a loss doesn't mean it's losing money... it means it's still at a negative number, but it is making money

btw, was it really necessary to call me a moron? asshole

-3 # RE: Sony reveals Q1 fiscal results; PS3 sales double, PSP slightly falls — raymandude 2010-07-30 08:39

who cares about ps2 sales? Sony made billions with the ps2 back in the days because it had the biggest exclusive game libary, it killed the gamecube and the xbox!!!

-1 # RE: Sony reveals Q1 fiscal results; PS3 sales double, PSP slightly falls — theguy123 2010-07-30 08:42

ps2 - 497 exclusives!!!!! !!!!!!!!!!!!!
xbox - 76 exclusives
gamecube - round about 100 exclusives

PS2 whooped every consoles ass! Hardware doesnt mean anything within one genration of consoles!

+2 # RE: RE: Sony reveals Q1 fiscal results; PS3 sales double, PSP slightly falls — aperson2 2010-07-30 13:09

Of course it means nothing. That is why the PS2 won last gen, the Wii will win this gen, the DS won the most recent handheld gen. Hardware means squat.

Bear in mind that 99% of the PS2 exclusives are terrible examples of games (just like the Wii is now). The ratio of total to good quality titles favours the GC the best though, much like the PS3 now!
There are some really interesting correlations out there.

+2 # RE: Sony reveals Q1 fiscal results; PS3 sales double, PSP slightly falls — marko99 2010-07-30 15:36

ps3 unit sales doubled! yeah how much is that due to peoples original ps3's failing??? my launch 60gb failed recently so i'm now on my second ps3. sony are in a win win situation

+2 # RE: RE: Sony reveals Q1 fiscal results; PS3 sales double, PSP slightly falls — aperson2 2010-07-30 18:23

Both my launch UK PS3 and import Japan PS3 have broke.

-1 # I dont understand — therealpsndonutdude 2010-07-31 16:59

I have no idea. Everyone I know and ever will meet, has a PSP and if they don't want one they never will. How do they still have 1 200 000 sales of the PSP? Like who just realizes, hey I need a PSP, out of nowhere? Especially since they are not the top notch handheld gaming system either... I just don't know...

# RE: I dont understand — kakantotdude 2010-07-31 19:22

i totally agree.everytime i go to the mall someone is always bringing a psp or even play with it,i rarely see someone owning a ds.

# RE: I dont understand — aperson2 2010-08-01 05:25

I think, nay, I reckon it's because you don't know everyone and you're basing your expectations of the entire human race on your little exposure to them within your circle of friends.

# PS2 still rocks!!!!!!! — Alaba Baju 2010-08-01 14:15

I am really happy that the PS2 is still selling strongly. It was so well done! The improvements from the ps1 to the ps2 were more appreciated than those from the ps2 to the ps3.

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