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FEATURED VOXPOP whytenoiz ~~        When I was eleven years old, it was a very good year, and I can remember my daily routine vividly. These were the years before I owned a Sony Playstation, and I used to venture to my friends house - everyday after school - to watch him play through Final...

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
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