More Reviews
REVIEWS Donkey Kong Country Returns 3D Review
Gamers have gone bananas for Nintendo's 3DS, but can this port of Retro Studios' 2010 Wii game make the jump to your portable?

Pandora's Tower Review
Sticks and stones may break my bones, but swords and chains excite me. Should you climb the towers in Xseed's JRPG/adventure hybrid to save your cursed (and tragically whiny) girlfriend?
More Previews
PREVIEWS The Last of Us Preview
With Naughty Dog releasing a new IP in just a few short weeks, we got hands-on one more time. But don't worry: This is a spoiler-free preview.
Release Dates
NEW RELEASES GRiD 2
Release date: 05/28/13

Fuse
Release date: 05/28/13

Remember Me
Release date: 06/04/13

The Last of Us
Release date: 06/14/13


LATEST FEATURES Xbox Infinity: Everything (We Think) We Know About Microsoft's Next-Gen Console [Updated... Again]
Microsoft is pulling back the curtain on their next-gen gaming box tomorrow. Here's an updated look at what we're expecting to see.

GR Showdown: Are There Way Too Many Remakes And Reboots?
Gamers continually complain about the lack of innovation from publishers and developers, but in this tough economy, it would seem that sequels and remakes are their bread and butter. Are there not enough new IPs?
MOST POPULAR FEATURES 7 Best Video Game Franchises Of All Time
Gaming is home to some incredible IPs. Here you'll find a slightly objective, yet heavily biased, list of the absolute best of the best.
 
Coming Soon

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP nick_olsen
Welcome home, Mario; we’ve missed you!
By nick_olsen
Posted on 05/13/13
[ Editor's Note: As Nick Olsen is a writer for Theory of Gaming, this won't be counted in the monthly Vox Pop prize. However, it is very much a worthy read. ] By Nick Olsen Co-founder, Theory of Gaming In 1985 Nintendo started a revolution when it...

GAMING NEWS

Sony Posts $350 Million Net Loss in Q2 2011

Posted on Wednesday, November 2 @ 06:34:21 Eastern by


Sony has just announced its consolidated results for Q2 2011 ending in September 30, 2011. It claims that some of its losses are due to "unfavorable foreign exhange rates" and "the appreciation of the yen", but that probably doesn't mean much to the Sony's shareholders, who have lost approximately $350 million in net income. Sony also reports that their operating income has suffered a loss of $21 million in the same period.

As for the PlayStation 3, its figures are on the rise with the help of the lower priced PS3 slim model. Compared to last year for Q1 and Q2 combined, PS3 hardware sales have improved by about 600,000 units for a total of 5.5 million units and its software sales have shot up about 3.4 milllion units for a total of 63.5 million. Internationally in Q2, the PS3 has sold 1.4 more units than the Xbox 360, with 3.7 million units PS3s sales compared to only 2.3 Xbox 360s.

[Source]
Tags:   Sony, PS3


More from the Game Revolution Network




Comments
  • De-Ting
    De-Ting

    Joined: Nov 2006
    Posted: Nov 2nd, 2011 at 1:49 pm
    So this isn't video game news? >_>
  • Bras
    Bras

    Joined: Jul 2008
    Posted: Nov 2nd, 2011 at 3:34 pm
    If Sony keeps losing those millions there won't be more video game news

Post a Comment
LOGIN or REGISTER to post a comment or rate this article.
More On GameRevolution