Sony's Networked Division Loses $43m in Apr-Jun as PS3 nears X360 - News
by VGChartz Staff , posted on 29 July 2010 / 7,495 Views
Sony has just announced its financial results for the three months ending June 2010. For the quarter, Sony made $18.663 billion in revenues up 3.8% from the previous June quarter using the Yen (page one on link). Net income (profit) for the quarter across Sony's entire corporate structure was 25.7 billion Yen, or $289 million. That is a big increase from the previous June quarter, when Sony lost 37.1 billion Yen (a loss of $417 million at current exchange rates).
One of the reasons Sony profited is that losses narrowed sharply in the Networked Products & Services division - which makes and sells products such as PS3, PSP, PS2 and Vaio computers. Revenues in the Networked Products & Services division increased 32.4% (using the Yen) to $3.662 billion in the June quarter. More importantly though, losses narrowed from 36.7 billion Yen in the June 2009 quarter (a $412 million loss) to 3.8 billion Yen in the June 2010 quarter - a mere $43 million loss at current exchange rates (see page three on link).
Sony did not revise its forecast for PS3, PSP, and PS2 in the year ending March 2011. As with the May forecast, Sony still intends to ship 15m PS3s, 8m PSPs, and 6m PS2s worldwide during the year. The company also still intends to see about 195m games shipped for its three platforms as the software forecast is listed as "approx same as FY 3/2010" when 195m Playstation games were shipped worldwide by Sony and third parties.
For the quarter ending June 2010, Sony shipped the following volumes of hardware worldwide. Software shipments, from Sony and third parties are listed after the slash mark.
PS3 - 2.4m / 24.8m
PS2 - 1.6m / 3.4m
PSP - 1.2m / 9.2m
Lifetime to date shipment figures through June 2010 stand as follows. Software is once again after the slash market.
PS2 - 146.6m / 1516.2m (10.37 games shipped per PS2 lifetime)*
PSP - 62.70m / 260.2m (4.15 games shipped per PSP lifetime)
PS3 - 38.12m / 315.3m (8.27 games shipped per PS3 lifetime)
*(136.3m as of Q3 FY / Dec 2008, according to this - 10.3m since)
Lifetime to date PS3 shipments are now within 4 million units of lifetime to date X360 shipments. X360 stands at 41.7m through June 2010, while PS3 is at 38.1m. The gap should expand again a bit in the September quarter due to the X360 Slim, but the devices are roughly on par worldwide now.
Software shipments for both PS3 and PSP, and PS3 hardware shipments increased for Sony over the June 2009 quarter. Since Sony did not change its software forecast, the company must be expecting PS2 / PSP declines to roughly offset any PS3 gains over the next nine months. At the moment though, Playstation software shipments are ahead of last year's pace - 37.4m to 31.6m - about 18%.
Data from Nintendo and Capcom should be in shortly - keep your eyes peeled.
Contact Vgchartz at jmazel@vgchartz.com
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@ ProdigyBam, Shipping figures are not sales figures. Sony could ship 10 million this month and their "Shipping" figures would over the 360, but it still wouldn't be in more homes than the 360 is, just sitting on shop shelves. Also these are figures up till June. When the PS3 had been trouncing the 360 for the year. Up until the release of the 360s., where the case has been reversed.
The UK is a 360 stronghold and it is starting to build momentum in other parts of traditionally Sony Europe also. Working in the industry in Europe VGChartz figures are actually pretty good and usually pretty close to the mark.
LOL Ninty and MS fans can't troll that much now specially since their beloved company posted more loss in their gaming division.
wow! go sony!
@JPH85
Please tell me how the xbox 360 sold 43 million,when it only shipped 41.7.
Those are shitpments, not sales. I read somewhere not so long ago that Xbox 360 has sold over 43 million. So the entire sales thing is still inaccurate.
@flying
Don't forget to add that the PS3 is the one mostly bought and used for it's non-gaming capability that is the Blu-ray. Try a little pledge and look around for the many great titles (along with tons of shovelware) for the Wii. That little console would suprise any non-fanboy with how much fun it could be!
So when will the total figures be updated?
Or are you (vgchartz) going to post news and ignore the facts in it?
@ Guiltyspartan77;
Hold your horses boy!
2 generations on 1st place (PS+PS2) and 1 on 2nd (PS3) (total of +280 million consoles sold) isn't as bad as 1x 2nd (xbox) and 1x 3rd (x360) (total of 65 million consoles sold) or as 1x 2nd (N64), 1x 3rd (GameCube) and 1x 1st (Wii) (total of 125 million consoles sold.).
The Wii (70 million) isn't anywhere near the first Playstation (102 million) and it has to do much better in order to get anywhere near the PS2 (142 million) which has sold more then twice as much as the Wii did so far.
But since you're more fan of the 360 (looking at your post) it would be nice to know how much of all the consoles of this generation are still being used/working.
The Wii will probably be the one collecting the most dust and the x360 sadly is the one who died the most.
By the way, it wouldn't hurt anyone if you tried using punctuation marks.
Well to sum up what the article said. EVEN AFTER NEARLY 5 YEARS of being out on the market the PS3 is still in 3rd place . Also it is unlikely to recover the losses it sustained in the previous 5 years; despite finally be g profitable for the first time this year!!! This generation probably has 2-3 more years until new hardware starts showing up!!! By then M$ and Nintendo which had been and continues to be profitable will be ready to "move" on leaving Sony gunshy to release anything significant!
The PS3 will be supported for as long as the PS2 is being supported. Wii won't be able to last as long as the PS3. In weekly numbers the PlayStation 3 has remained in the 115k to 130k range while the Wii has been dropping. Super Mario Galaxy 2 was only a blip on the radar.
Sony hasn't had much release over the last 2 months and it stablized in it's current range.
i can't believe the difference between 360 and PS3 in shipment figures.
Wow at PS2 hardware 0-0
I always said it, wait for shipping numbers, Vgchartz always undertracks the PS3 in Europe, it is waaaay stronger there and x360 is hugely overtracked there
So, the gap is 3,5 million OFFICIALLY
nice, Sony
wow people still saying despite being released 16 months after 360 as if we didn't know that already ant it only took them 5 years to catch up in a market they supposedly dominate in oh and you still have to catch the wii if you can and don't expect ps3 to surpass 360 any time soon maybe withing 2 years and look at the wii it came out 16 months after 360 and surpassed it easily Nintendo will win this generation whether you like it or not so if ps3 were to pass the 360 congrats sony your the first loser behind the actual winner Nintendo so hey if ps3 is out ten years it still won't surpass the wii
keep it up PS2. Sony doin it bi. stay on target Sony.
Ps2 is just phenomenal. Keep going old boy.
Shipped numbers are closer than retail sales between PS3 and 360.
PS3 is about to become the 2nd console on this generation, despite having been released 16 months after 360.
Not bad at all...
hipped numbers are closer than retail sales between PS3 and 360.
PS3 is about to become the 2nd console on this generation, despite having been released 16 months after 360.
Not bad at all...
can't you update the total WW s/ware for the ps2 source you're a red aren't you,1.4b seems acceptable,
so on shipped PSP s/ware whats an acceptable amount being unsold is it over 100m
That is a very small loss in Net. Div. and a very good sign. A few points on currency exchange could have put them in the black. Thanks JM.
Not bad Sony, not bad at all.
SONY is still teh dommed. They in 3rd place, and they have no gamezzz :P
PS2s are still sold in developing countries, so its not surprising ;-) Good going Sony, finally you see some profit :-)
wait, there were more PS2s shipped in that quarter than 360s ?
2 Million PS3's on shelfs arond the world?
You wrote "after the slash market" above the LTD figures
Sony makes a profit and narrows losses in other areas nothing short of excellent wow at ps3 shipments, I guess ps3-x360 gap is much smaller than most of us thought hehe
They didn't change their 15m projection for PS3.....
Sony PROFITS 289m!!!!!!!!!! the network division narrowed the loss massively! 43m.
On track for NPS to make a full year profit this FY I imagine, and thus make a positive contribution to Sony profits for the first time in a while. Good news for Sony. So shipped numbers are closer than retail sales between PS3 and 360.
