As we all know, Sony is the creator of our beloved PlayStation consoles, from the PS1 glory days, to the present day problems with the PS3.
During the past two years, Sony have been really struggling and this couldn’t be more evident in the console section, with a massive $2.8bn loss in that section for the past year, now this could be an ongoing problem from Sony’s decision to use UMD on the PSP, or from the fact that they released the PS3, a somewhat difficult system to develop games for, games like Fallout and Skyrim do not play as well on the PS3 as they do on the Xbox 360, or perhaps it could be problems discussed in hellsing9′s thread.
Here is a quote from the source, regarding the financial loss:
Sony’s Consumer Products and Services division suffered an operating loss of ¥229.8 billion ($2.8bn) for the full year ended March 2012, compared to a profit of ¥10.8 billion in 2011.
Sales were down 18.5 per cent to ¥3.13 trillion ($38.2 billion) from ¥3.84 trillion, with all segments of the division – games, PCs, LCD televisions and digital cameras hit by poor sales. Sony’s price reduction of the PlayStation 3 and lower sales of the PlayStation 2 were singled out specifically in the games business.
Hardware sales were down across the business compared to last year, with Sony selling 13.9 million PlayStation 3 units compared to 14.3 million the previous year.
PSP hardware sales were down from 8 million to 6.8 million and PlayStation 2 console sales dropped from 6.4 million to 4.1 million.
For the entire Sony corporation, sales were ¥6.49 trillion ($79.1bn) for the full year, with a net loss of ¥456.7 billion ($5.74 billion), compared to a loss of ¥259.6 billion the previous year.
Source and full story:
Games Industry International