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Sony Reports 1 Billion USD Annual Loss

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#1 PS3Scene


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Posted 15 May 2009 - 03:10 AM

Sony Reports 1 Billion USD Annual Loss
Posted by XanTium | 14-5-2009 22:10 EST

From edge-online.com:

Sony Corporation has reported a 98.9 billion yen ($1 billion/685 million) loss for the financial year ended March 31, 2009.

Game division sales were down 18 percent to 1053.1 billion yen ($11 billion/7.3 billion), primarily due to "the impact of the appreciation of the yen and a decrease in unit sales of PS2."

However, the segment's operating losses more than halved from 124 billion yen to 58.5 billion yen ($612.4 million/404.6 million), due largely to PS3 hardware cost reductions and increased sales of PS3 software.

10.06 million PS3 consoles were sold during the year, representing a ten percent increase. PSP sales increased from 13.81 million to 14.11 million, while PS2 sales decreased from 13.66 million units to 7.91 million.

Full Story: edge-online.com

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