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Sony reports profit but PlayStation division continues to lose money

28 July 2007 7:55 by Andre "DVDBack23" Yoskowitz | 19 comments

According to Sony's latest financial figures, the company is now profitable. For the quarter, Sony had revenue of over $16 billion USD with a reported profit of $808 million USD.

However, the PlayStation division of Sony, otherwise known as Sony Computer Entertainment, reported a heavy loss of $237 million USD although revenue was up 60 percent.

For the period, Sony shipped 2.7 million PS2s, 2.14 million PSPs and 710,000 PlayStation 3s. In total, for all three systems, Sony shipped 46 million games, with the majority being for the PS2.

According to the New York Times, Sony was helped greatly by the large box office sales of Spiderman 3 as well as other hits during the quarter as well as continued growing sales of LCDTVs and HDTVs

For the rest of the year, Sony hopes to ship 10 million PS2 consoles as well as 11 million PS3 units. Sony also hopes to ship 9 million PSPs, which was Sony's highest selling system for the month of June and which is being remade soon as a "lighter" version.

Source:
Dailytech

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narmo (Newbie) 28 July 2007 8:01
when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify [ + quote]
webe123 (Inactive) 28 July 2007 8:38
*Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify There is always ebay.... [ + quote]
narmo (Newbie) 28 July 2007 8:41
*Quote:* *Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify There is always ebay.... well my choice is not to trust e-bay i don't like buyin stuff off the net unless its a trusted website and dealer even though there are lots of trusted ppl on e-bay there are lots of untrustworthy one so i'd rather not take a risk [ + quote]
armorthis (Inactive) 28 July 2007 9:35
*Quote:* *Quote:* *Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify There is always ebay.... well my choice is not to trust e-bay i don't like buyin stuff off the net unless its a trusted website and dealer even though there are lots of trusted ppl on e-bay there are lots of untrustworthy one so i'd rather not take a risk That's why you can read reviews from people who have bought from the seller. Ebay is a trusted website, hundreds of thousands of people buy and sell of of it. [ + quote]
flyingv (Member) 28 July 2007 10:13
*Quote:* *Quote:* *Quote:* *Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify There is always ebay.... well my choice is not to trust e-bay i don't like buyin stuff off the net unless its a trusted website and dealer even though there are lots of trusted ppl on e-bay there are lots of untrustworthy one so i'd rather not take a risk That's why you can read reviews from people who have bought from the seller. Ebay is a trusted website, hundreds of thousands of people buy and sell of of it. Exactly! If you buy from a dealer that has a good rep., there is a excellent chance that you will get what you ordered. I buy stuff off e-bay all the time and have never gotten stuck with what I didn't order or got something that I didn't want. [ + quote]
narmo (Newbie) 28 July 2007 10:21
*Quote:* *Quote:* *Quote:* *Quote:* *Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify There is always ebay.... well my choice is not to trust e-bay i don't like buyin stuff off the net unless its a trusted website and dealer even though there are lots of trusted ppl on e-bay there are lots of untrustworthy one so i'd rather not take a risk That's why you can read reviews from people who have bought from the seller. Ebay is a trusted website, hundreds of thousands of people buy and sell of of it. Exactly! If you buy from a dealer that has a good rep., there is a excellent chance that you will get what you ordered. I buy stuff off e-bay all the time and have never gotten stuck with what I didn't order or got something that I didn't want. good for u and what i meant buy trusted website is like walmart or bestbuy... i can at least get a warranty which i think i can't really get from e-bay even though i'm not gonna buy stuff fom the net i'd rather go to store and inspect the product before buying [ + quote]
core2kid (Senior Member) 28 July 2007 11:40
*Quote:* *Quote:* *Quote:* *Quote:* *Quote:* *Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify There is always ebay.... well my choice is not to trust e-bay i don't like buyin stuff off the net unless its a trusted website and dealer even though there are lots of trusted ppl on e-bay there are lots of untrustworthy one so i'd rather not take a risk That's why you can read reviews from people who have bought from the seller. Ebay is a trusted website, hundreds of thousands of people buy and sell of of it. Exactly! If you buy from a dealer that has a good rep., there is a excellent chance that you will get what you ordered. I buy stuff off e-bay all the time and have never gotten stuck with what I didn't order or got something that I didn't want. good for u and what i meant buy trusted website is like walmart or bestbuy... i can at least get a warranty which i think i can't really get from e-bay even though i'm not gonna buy stuff fom the net i'd rather go to store and inspect the product before buying You always have the Sony Warranty of 1 Year [ + quote]
narmo (Newbie) 28 July 2007 11:44
*Quote:* *Quote:* *Quote:* *Quote:* *Quote:* *Quote:* *Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify There is always ebay.... well my choice is not to trust e-bay i don't like buyin stuff off the net unless its a trusted website and dealer even though there are lots of trusted ppl on e-bay there are lots of untrustworthy one so i'd rather not take a risk That's why you can read reviews from people who have bought from the seller. Ebay is a trusted website, hundreds of thousands of people buy and sell of of it. Exactly! If you buy from a dealer that has a good rep., there is a excellent chance that you will get what you ordered. I buy stuff off e-bay all the time and have never gotten stuck with what I didn't order or got something that I didn't want. good for u and what i meant buy trusted website is like walmart or bestbuy... i can at least get a warranty which i think i can't really get from e-bay even though i'm not gonna buy stuff fom the net i'd rather go to store and inspect the product before buying You always have the Sony Warranty of 1 Year that is if u don't decide to modify it to a different firmware [ + quote]
ZippyDSM (AfterDawn Addict) 28 July 2007 11:58
Nothing surprising if you do not have 80% of market shares goign into high end gamign you are going to bleed,just ask MS. ---------------------------------------------------------- ack fixed >< *Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify So you are saying that if you cant buy it from a local store so if you break it you cant return it without telling them you broke it modding it....weak..... edit and yes if bought new from ebay they will replace it. the thing abotu ebay is they have 2 or 3 levels of dispute/complaints that make it unprofitable to cheat people. [ + quote] This message has been edited since posting. Last time this message was edited on 28 July 2007 12:19
narmo (Newbie) 28 July 2007 12:07
*Quote:* Nothing surprising if you do not have 80% of market shares goign into high end gamign you are going to bleed,just ask MS. ---------------------------------------------------------- *Quote:* *Quote:* *Quote:* *Quote:* *Quote:* *Quote:* *Quote:* *Originally posted by narmo:* when are the psp consoles gonna arrive in canada every store is out of stock i wanna buy one before the slim comes out so u can modify So you are saying that if you cant buy it from a local store so if you break it you cant return it without telling them you broke it modding it....weak..... i'm not sayin that, my friend returned a bricked psp and got it replaced why would i not want to do it if i know it works? btw i didn't get the first half that u said, would u mind writting better ?english [ + quote]
DXR88 (Senior Member) 28 July 2007 13:52
Narmu, go to a video game store and get one. [ + quote]
narmo (Newbie) 28 July 2007 13:53
*Originally posted by DXR88:* Narmu, go to a video game store and get one. that's exactly what i'm trying to do but they are out of stock even the flea markat [ + quote]
DXR88 (Senior Member) 28 July 2007 14:14
try this {http://www.gamestop.com/search.asp?N=136+83} without the brackits [ + quote]
DVDBack23 (Staff Member) 28 July 2007 16:56
OK guys, lets get this back on topic please... [ + quote]
MasterRE (Junior Member) 28 July 2007 19:19
What do you expect when the PS3 is priced so damn high? [ + quote]
borhan9 (AfterDawn Addict) 28 July 2007 21:09
Sony is lucky that it has the PS2 and the PSP also to make money plus other avenues otherwise the PS3 is just a hole and sooner or later they may end up closing the ps3 production if losses continue. [ + quote]
ZippyDSM (AfterDawn Addict) 28 July 2007 21:27
*Originally posted by borhan9:* Sony is lucky that it has the PS2 and the PSP also to make money plus other avenues otherwise the PS3 is just a hole and sooner or later they may end up closing the ps3 production if losses continue. I doubt it they will fight tooth and nail to keep the brand going altho they might dump it by 012-014 for a more balanced PS4. I see sony going another 3 or 4 billion easily on this but over all the can absorb it, the only question I have left is when we sony stabilize a solid price drop (anything blow 500) and what devs will jump ship until the PS3 stops floating loped sided. [ + quote]
jetyi83 (Member) 29 July 2007 12:38
*Originally posted by MasterRE:* What do you expect when the PS3 is priced so damn high? i dont think you understand. they price it high because they are taking a loss. if they dropped the price they would take a much much bigger loss. thats obviously why they are so reluctant to drop their prices. [ + quote]
ZippyDSM (AfterDawn Addict) 29 July 2007 14:24
*Quote:* *Originally posted by MasterRE:* What do you expect when the PS3 is priced so damn high? i dont think you understand. they price it high because they are taking a loss. if they dropped the price they would take a much much bigger loss. thats obviously why they are so reluctant to drop their prices. and if they don't drop the price more it wont sale if it dose not sale they wont make money. [ + quote]