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Forums - Sony Discussion - Sony's financial report is up

http://www.sony.net/SonyInfo/IR/info/presen/index.html

Game
 (Billions of yen, millions of U.S. dollars)
 Second quarter ended September 30
 
                                              2007        2008         Change in yen         2008
Sales and operating revenue    ¥243.4     ¥268.5      +10.3%                 $2,582
Operating income (loss)           (96.7)       (39.5)                                  - (379)
 
Unless otherwise specified, all amounts are on a U.S. GAAP basis.
 
Sales increased 10.3% year-on-year (a 15% increase on a local currency basis) to ¥268.5 billion ($2,582
million).  
 
Hardware: Overall hardware sales increased as a result of an increase in sales of PS3 and PSP.  Sales of
PlayStation®2 (“PS2”) decreased year-on-year.
 
Software: Despite an increase in PS3 and PSP software sales, overall software sales decreased as a result of a
decrease in PS2 software sales.
 
An operating loss of ¥39.5 billion ($379 million) was reported, an improvement of ¥57.2 billion year-on-year.  
The decrease in operating loss in the current quarter was primarily due to PS3 hardware cost reductions and
increased sales of PS3 software, as well as strong sales of PSP hardware.   
 
Worldwide hardware unit sales (increase/decrease year-on-year):  
→ PS2:     2.50 million units (a decrease of 0.78 million units)
→ PSP:                 3.18 million units (an increase of 0.60 million units)
→ PS3:    2.43 million units (an increase of 1.12 million units)

Worldwide software unit sales (increase/decrease year-on-year):
→ PS2:        23.1 million units (a decrease of 14.9 million units)
→ PSP:    11.8 million units (a decrease of 0.8 million units)
→ PS3:    21.1 million units (an increase of 10.7 million units)
 
 
Inventory, as of September 30, 2008, was ¥243.2 billion ($2,338 million), which represents a ¥4.6 billion
decrease compared with the level as of September 30, 2007.  Inventory increased by ¥83.7 billion, or 52.5%,
compared with the level as of June 30, 2008, due to increased inventory of PS3 and PSP hardware for the
holiday sales season.

FYO8 Forecast:

PS2 Hardware: 9m (unchanged)
PSP Hardware: 16m (+1 million)
PS3 Hardware: 10m (unchanged)
Software: 250m (unchanged)



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Thanks, FishyJoe! *Reads report...*

Wow - 52.7 billion Yen less Opper. loss YoY...next year ....PROFIT!!! lol

Well done SONY! Thinks are definately looking up it seems

 



Proud Sony Rear Admiral

Funny how despite very good PSP hardware/software sales, and solid PS2 figures, they still posted a hefty loss (GAME div). Talk about PS3 dragging the whole division down.

 

Who knows what kind of loss they would have posted if it wasn't for PSP?



They're still hemorrhaging money?

Dang, that ain't no good.



oops misread something, ignore my comment



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I expected a loss, but thats huge. I thought they would be close to breaking even.

The PS3 hardware loss must still be monstrous.

This doesn't bode at all well for that Australian price cut I'm holding out for.



starcraft - Playing Games = FUN, Talking about Games = SERIOUS

Just as I expected. A loss overall - increased PSP/PS3 sales, not quite enough to cover the loss of PS2 hardware/software sales.

Loss of $400m for the qrt, still isn't that good :P

...

Surely this is the point where PS3 sales start outstripping PS2 sales (shipments)...



Gesta Non Verba

Nocturnal is helping companies get cheaper game ratings in Australia:

Game Assessment website

Wii code: 2263 4706 2910 1099

FishyJoe said:

oops misread something, ignore my comment

 

well don't I feel silly



starcraft said:
I expected a loss, but thats huge. I thought they would be close to breaking even.

The PS3 hardware loss must still be monstrous.

This doesn't bode at all well for that Australian price cut I'm holding out for.

 

Lol yeah - it's still a loss, but a 57 billion yen imporovemnt over last year, If they do what they did again, it's profits next year for the games division

An Auzzie price cut is still very possible



Proud Sony Rear Admiral


One more thing:

==============================================================
FYO8 Forecast:

PS2 Hardware: 9m (unchanged)
PSP Hardware: 16m (+1 million)
PS3 Hardware: 10m (unchanged)
Software: 250m (unchanged)

==========================================================

Let's see. PSP is the only hardware that's expected to sell more than projected. It also makes the most profit - and yet SCE hardly market it in US and Europe, while they emphasise their efforts on the already haemoraging PS3. Makes no sense financially to me, needless to say they'll get what they deserve.