Sony's woes continue

[DJ-Daz]

We all know that Sony has been operating at a loss overall for a few years, and those losses are huge. The games and movie divisions are doing well, but not any more.

Sales in Sony’s games division fell 15.1 per cent in the quarter ending December 31st, although overall Sony has enjoyed somewhat of a reversal of fortune.

Games sales hit ¥268.5bn, hit by decreased sales of PS3 and PSP. Operating revenue fell by ¥29.2bn year-on-year to ¥4.6bn.

Combined PS3 and PS2 sales hit 6.8m in the period, down from 7.4m in the same period the year before. However, Vita and PSP sales climbed 300k to 2.7m units.

Home and portable software sales fell 700k and 3.5m respectively

Sony has lowered its predicted handheld console sales yet again. In May 2012 the company forecast 16m portable console sales for the current fiscal year. This was lowered to 10m by the end of the year and has now been lowered to 7m – that’s more than a 50 per cent reduction in eight months.