Sony Q2 Revenues Improve, Video Game Hardware Sales Down

by William D'Angelo, posted on 01 November 2012 / 7,387 Views

Sony has reported on its second quarter 2012 sales, which ending September 30, 2012. Sony's Game business recorded revenue of 148.2 billion yen ($1.9 billion), down from 176.0 billion yen ($2.2 billion) during the same period a year ago. Profits fell slightly to 2.3 billion yen ($28.8 million), from 3.0 billion yen ($37.5 million) last year.

Overall, Sony has recorded revenue of 1.6 trillion yen ($20.1 billion), up by 1.9 percent during the same period a year ago. Good news is that losses fell by 42.5 percent to 15.5 billion yen ($193.8 million), from 27.0 billion yen ($337.6 billion) last year.

Sony's game business also reported on its hardware and software sales. The PlayStation 3 and PlayStation 2 sold a combined 3.5 million units, down from 4.9 million a year ago. The PlayStation Vita and PSP sold a combined 1.6 million units, down from the 1.7 million the PSP sold a year ago. The PlayStation Vita was not available a year ago.

Software sales, unlike hardware sales, did increase year-over-year. Combined PlayStation 3 and PlayStation 2 software sales hit 41.4 million units, up from 40.2 million units. While the combined PlayStation Vita nd PSP software sales reached 8.7 million units, up from 8.2 million units.

Sony has lowered its forecast for handheld (Vita and PSP) hardware sales for the remainder of its 2012 fiscal year. Sony now expects to sell 10 million handheld units, which is down from 12 million, however home console (PS3 and PS2) sales are still expected to sell 16 million units. Sony also expects software sales to be the same as 2011, about 196.7 million units.


More Articles

8 Comments

Tridrakious (on 01 November 2012)

I wish Sony would report on thr digital PlayStation front.


ganoncrotch (on 02 November 2012)

if they aren't talking about it, there is probably a good reason for that atm.


  • -1
Bristow9091 (on 01 November 2012)

... Is this good for Sony?


ithis (on 01 November 2012)

Who proofreads these things? "revenue of 1.6 trillion billion yen ..., up from 1.6 trillion yen " Really?


benao87 (on 01 November 2012)

It's because of the approximation, in USD there is a change. Still, poor writing.


  • +1
ganoncrotch (on 01 November 2012)

you do! good work :D


  • +2
Pesmerga7551 (on 02 November 2012)

Sony deserves some good news...


MARCUSDJACKSON (on 02 November 2012)

this is great news for Sony considering revenues incread, and losses fell. things seem to finaly be looking up for Sony.


xwan (on 01 November 2012)

you guys always ask for price cut; this is the reason it cannot be done to just increase sale, revenue goes up, but profit goes down. It's hurting the bottomeline. Of course, no one can predict the effect of software sales following the purchase of the console.


errorpwns (on 02 November 2012)

Really? Nintendo did it all the time. If you have games that sell well on the console the price drops can be an effective way to increase sales and thus increase revenue. Helping your bottom line.


  • 0
errorpwns (on 02 November 2012)

Really? Nintendo did it all the time. If you have games that sell well on the console the price drops can be an effective way to increase sales and thus increase revenue. Helping your bottom line.


  • 0
xwan (on 02 November 2012)

If you are taking a loss of 50 bucks a console and you sell 1 million, that's 50 million red in the books you have to try to balance. Nintendo has not sold a console at a lose (maybe recent 3DS drop) but N has survived all these years by selling underpowered console at a gain. Strong first party sales plus a console that sells for a profit is a good biz strategy for Nintendo


  • 0
fillet (on 01 November 2012)

Profits fell slightly to 2.3 billion yen ($28.8 million), from 3.0 billion yen ($37.5 million) last year. That's not "slightly".


Comments below voting threshold

fillet (on 01 November 2012)

10 million Vitas by March 2013. Get real - OR - $100 price cut confirmed.


non-gravity (on 01 November 2012)

10 million Vita + PSP. Still a hard figure the way it's selling


  • +1
ganoncrotch (on 02 November 2012)

fair amount of thumbs down for an accurate enough statement. baffling!


  • -3