Sony posts $312 million loss for Q1 2013; Game division underperforms
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Sony posts $312 million loss for Q1 2013; Game division underperforms

Sony has posted a loss again for Q1 2013, totaling to $312 million. Their game division performed poorly too as you can see below, and showed 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”). This increase was primarily due to a significant increase in sales in the

They have reduced the forecast for PSP/Vita to 12 million from 16 million. Earlier they aimed to ship 10 million Vita’s and 6 million PSP’s.

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.

 

[Sony]

GamingBolt.com

Contributor: GamingBolt.com   Posted: Aug 2, 2012 at 2:37am
Gaming Category: Gaming News, PSP
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