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Sony cuts PS Vita sales forecast sharply, again

Written by James Delahunty (Google+) @ 07 Feb 2013 17:17 User comments (4)

Sony cuts PS Vita sales forecast sharply, again Sony drops PS Vita sales expectations by 3 million units.
The company had initially estimated that it would sell 16 million PS Vita and PSP units (it combines both handhelds' figures) during this Fiscal Year, which ends March 31, before cutting its estimates not long after to 12 million.

In November, it dropped its expectations again, down to 10 million. Sony just reported a 15 percent drop in year-on-year revenue for the third quarter of FY 2012. Poor sales in its gaming division had a lot to do with its performance.

Now Sony only expects to sell 7 million PS Vita's and PSP's during the fiscal year ending March 31, less than half of its initial forecast.

Still, Sony has acknowledged the subpar start for its latest handheld device already, and pledged to meet the challenge with new software.

Sony will hold an event on February 20, where it is widely expected to unveil the PlayStation 4 (PS4) to the world.

Tags: Sony PS Vita
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4 user comments

17.2.2013 23:49

i have a vita and now oing to sell it because i cant play marvel vs capcom 2 on remote play. useless hardware

"How can one enjoy his or her money with taxes so high!"

28.2.2013 12:52

Another less than outstanding but highly priced product turns to cr@p for them.
They really need to turn things around asap, it would not be good for gaming to see Sony leave manufacturing.

38.2.2013 13:56

Keep treating your customers like their only value is $$$ and it will catch up to you.

This message has been edited since its posting. Latest edit was made on 08 Feb 2013 @ 13:56

411.2.2013 12:23

If it had been a phone as well then it would have flown off the shelf.

Its a lot easier being righteous than right.

DSE VZ300-
Zilog Z80 CPU, 32KB RAM (16K+16K cartridge), video processor 6847, 2KB video RAM, 16 colours (text mode), 5.25" FDD

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