Sony posts $312 million loss for Q1 2012

Quote :

Sony has posted a loss for Q1 2012 totaling to $312 million. Their game division performed poorly as you can see from the pdf they released below, and showed a consistent decline in hardware and software.
Sales were 1,515.2 billion yen (19,180 million U.S. dollars), an increase of 1.4% compared to the same quarter of the previous fiscal year (“year-on-year”).
They have reduced the forecast for PSP/Vita to 12 million from 16 million. Earlier they aimed to ship 10 million Vita and 6 million PSPs.
It was clear that they couldn’t hit their forecast considering Vita’s poor sales. PS3 and PS2 combined shipped 2.8 million units for Q1, which is a decrease compared to 3.2 million from the same period last year. We don’t know how much PS3′s they shipped this quarter as they seem to be combining both PS3 and PS2 now.
It doesn’t look like they will hit their PS3 forecast either unless it gets a drastic price cut.
Slight update: Japanese companies’ fiscal year starts with the year it begins so it’s Q1 2012. Normally, we take the year it ends so the initial title read Q1 2013.

http://gamingbolt.com/sony-posts-312-million-loss-for-q1-2013-game-division-underperforms

Ouch.

If Sony doesn't do better next gen then goodbye PlayStation.

Please, I wipe my ass with $312 million. :fuckthat:

TheCinemaJack wrote:

Please, I wipe my ass with $312 million. :fuckthat:

I thought you like to save every penny you get.

poor sony. hopefully they do better next gen


this gen was blunder after blunder for sony

Holy fuck this is awful. Sony fucked up harder than ever before with the PS3.

Time to sue for stupid shit and rack up as much money as you cant get.

Mecha wrote:

TheCinemaJack wrote:

Please, I wipe my ass with $312 million.

I thought you like to save every penny you get.

I also like to stick money up my ass.

I hope Sony realizes that they have an actual edge when it comes to the console market. SOE is untapped cash.

There's no mid range Sony products

Mr Canai Spy wrote:

There's no mid range Sony products

What does this even mean?

Greg Jennings wrote:

Mr Canai Spy wrote:

There's no mid range Sony products

What does this even mean?

Unlike say Samsung who make 3 different versions of a model cheap mid and expensive, Sony only make one, they pack it with shit loads of features and give the consumers no choice

^^

WTF are you talking about? There are like 2-3 models of the PS3 which are expensive, mid, and cheap.

Well considering he mentioned LG and Samsung, I think he is referring to products other than the PS3.

^^

Ah, my bad. But even so, there were different versions of the PSP.

Sonji almost pulled a Duke.

^^

this close

sorry about that i did mean tvs and phones ect i dont know what its like in usa but here if you go into an electric store there is like 7 different samsungs and only 1 sony tv on the wall

^^

Well, I'm pretty sure Sony has a variety of TVs, along with a variety of Blu Ray players, etc.