Sony Posts $2 Billion Net Income Loss
Posted on Thursday, February 2 @ 13:00:43 PST by Nicholas Tan
Sony has disclosed its consolidated results for the third quarter ending in Dec. 31, 2011, and the numbers don't bode well for the company overall.
Compared to the results in 2010 for the same quarter, they have had a 17% decrease in sales and operating revenue. Whereas they boasted a net income of $72 Million for the same quarter last year, they're now in the red by $159 Million, contributing to an overall loss of $2 Billion so far for the financial year of 2011.
On the upside, however, 6.5 million PS3s were shipped beween October and December 2011 along with 66.2 million units of software. Sony's gaming division is one of the company's most profitable devisions, which certainly contributed to Kaz Hirai being named as the new CEO for Sony this week.
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.
comments powered by Disqus
Destiny: Rise of Iron
Wrath of the Machine Raid Trailer. (1:27)
Dark Souls III: Ashes of Ariandel
Dark Souls III Ashes of Ariandel DLC trailer. (4:21)
Gameplay Trailer Series The World of New Bordeaux 3. (2:44)
Berserk and the Band of the Hawk
Berserk and the Band of the Hawk announcement trailer. (2:03)
Final Fantasy XII: The Zodiac Age
Final Fantasy XII The Zodiac Age TGS 2016 trailer. (1:58)
|More On GameRevolution|