Sony six-month losses nearly $700 million, PS3 sales up

Seems like Sony is only facing losses because it is driving its quarters all over the place while one of its major revenue comes from games. But hey, business is business, most businesses would spread out it's company so to not face major losses when a sector is doing less than perfect. One day, that Sony Vaio may actually play a role in the company.

This is bad ... I hope to see a brighter future because I don't want to have bought a 400$ consol that will be abandonned. But ... sony always do something like that ... the PS1 was very desapointing until 2 or 3 years after hitting store shelves. Same story with the PS2. They may have a the same idea with the PS3. While writting this, when the PS1 came out, they put CD technology in it, it was really new at the time. Same thing with the PS2 with DVD technology and now with Blue-Ray. They have a plan.

For the people asking who buyes ps2 in this times, well is a simple question you live in the USA your economy is much better that the other countries and you have much more prices than other places. In my country i know people that still play ps1 because they cannot afford a ps2. So there is your answer. There is people that instead of a ps3 or a 360 they buy a ps2.

sony can have a profit when they sale games.:P

As well as it should . It annoys me that they are still trying to repackage old systems in different styles and sell them. Why the hell am I going to go buy a PS2? I bought one 6 years ago and if I wanted to play it I would. Why would I buy another PS3 just b/c its slim? Another PSP because its slim? Whatever. I'm not a hater of any system. I am a game player and I and a fan of any game that is good. I am sorry that all those people lost their jobs though, which is the saddest part.

fuook me i bet sony are screaming at the playstation sector after seeing this considering Xbox divisoon made profit yet again. it hard to see why sony are continuing the ps3. i suppose just for publicty sake

The HDTV thing is kind of funny. Samsung makes a better TV. Sony makes a lot of stuff, it's not just the gaming or TV part of the biz. It's everything Sony makes that has put them to the place they are in now. Fom TV's DVD/Blu-Ray players, computers, MP3 players and so on. If i was sony, I would stop making digital SLR's. They suck and don't sell. I would also stop making all kinds of video cams. They are not Canon and only 2 video cams they make are good. 1 video cam is in the 1000's. and the other is $1200 but that video cam is not even as good as the JVC HD cam. Sony needs to slow down and cut a lot of hardware off until they can get going once more. Just cut the crap and stick with a small hardware biz for now. Hell maybe if they ask Obama for some cash they might get it. J/k. Obama sucks.

can't wait til PS4!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

@ Inconnux but face it, ps3 has the best exclusives when sony is in losses. imagine how many first party titles they would invest in when their out of the recession. as long as sony are making losses it will continue to prove which hardware is valued the most........the ps3. if wii and xbox are making profits it tells me one thing........the hardware is cheap which is why their making money on it when its priced lower then the ps3. common sense tbh.

Wow, I can't believe it, I'm actually getting bored of reading idiotic fanboy posts. I think fanboys enjoy arguing about games more than playing them. Well, I'm off to do other stuff, like play games, instead of just arguing about "My dad will beat up YOUR dad."

i wonder how much money sony would've made if they charged for thier online service

@hman1111 YOU ARE A FANBOY! Your rating of games says it all. Get over it. You, Vasot and salarianchemist are the biggest and most annoying xbox fanboys on this website. You guys always have to add some sort of fanboyism comments and start a fanboy-war. Stick to the topic or go to the system wars forum...enough is enough.

sony facing hard day

hman1111 Posted Oct 30, 2009 9:02 pm GMT This is my brother's account(I'm not going to try and lie and say he isn't a fanboy). Don't make asssumptions before you know about things, ok? Secondly, again, call me a fanboy when you are obviously lying. "Maybe on Gamespot, but overall there has been more bad news about the 360 online, like it or not." Google it if you don't believe me. PS3 has had more bad news, like it or not. 360 has tons more bad news reported on it than the ps3

This is my brother's account(I'm not going to try and lie and say he isn't a fanboy). Don't make asssumptions before you know about things, ok? Secondly, again, call me a fanboy when you are obviously lying. "Maybe on Gamespot, but overall there has been more bad news about the 360 online, like it or not." Google it if you don't believe me. PS3 has had more bad news, like it or not.

@hman1111 Your ratings; PS3 exclusives "Killzone 2 - 1.0, Resistance: FoM - 1.0" 360 exclusives; "Halo 3 ODST - 10.0" Yeah, you're not fanboy at all.. *coughs* "has had a LOT more bad news" - Maybe on GameSpot, but overall there've been more bad news about Xbox 360 online, like it or not. Sure, keep on minusing this and responding to this, I'm not going to bother responding now, got something else to do.

@alixkid Sure depends on how you look at it. Would you say the Wii won? The same Wii that looks like it won't make it through 2010 without being replaced with another Nintendo console?

@TevoxZi No, I'm not a fanboy. If I was a fanboy, my comment would have looked something like this: XBOXX 360>>>GAYSTATION 3!!!!!!!!XBOX 360 FTW!!!!!!!!!!!! That being said, I'm not going to say the 360 hasn't ever had bad news, it's just that the PS3 has had a LOT more bad news (feel free to look it up).

hang in there sony!

not surprising the key thing is the loss wasn't as bad, this is a global issue. and a strong yen does hurt them.

@ Mr_Tweedy: So you're assuming that a decrease in losses means that Sony is on the rise? Tell that to all the people who lost their jobs, the gaming division which has yet to see a profit. You can consider it a rise after they've come out of the red. And while you're doing armchair analysis, don't forget about market saturation. Nintendo wasn't going to sell 300,000+ Wiis a month until the end of time.

[This message was deleted at the request of the original poster]

@hman1111 Don't claim that Xbox 360 hasn't had bad news, "Mr. I underrate opposite console's games low, because I don't have the system." That's what extreme fanboyism is.

PS3 is the best gaming console I've ever had, secondly only to taking your mom to the arcade, and then droppin' quarters into her afterwards. Oh snap! :D

this should make all those fanboys stfu

@Inconnux Playstation 3 Slim is cheaper to manufacture than the older phatty models of Ps3, as for example the touch buttons got removed. Manufacturing costs being down to 70% is one of the reasons why it's possible having the system in the pricetag it's currently in. Sure, they still lose money every system sold, but they do get money from Bundles and all that for example. Playstation 3, however isn't the only way Sony is getting money, so basically you can't all say this is PS3's fault. It's recession's fault and it's not only Sony who is suffering, but they're the ones suffering the most with videogameconsoles, as their system was priced the highest, due to the manufacturing costs and third party developers not knowing how to properly advantage the CBE, ending up having nearly identical multiplatform games. I don't get why all the Xbox 360 -fanboys are being so happy about this, if there were no Sony, there would be no Xbox 360 price drops and all that other stuff they use for competiting with each others. If Sony lost, then MS fanboys would in a WAY lose too. However, I know for sure, that if Sony did lose, which I doubt will happen.. I still wouldn't buy any Microsoft consoles, after what my cousin has been throught. Xbox 360 owners.. ..if you don't have respect for Sony, because of PS3, at least care for them for the PS2. I'm sure a lot of us own at least one Sony product. I'm a Playstation fanboy myself which I've been ever since the first Playstation came out, I had respect in Sony then, like I still do.

i stopped believing in this type of news because one week they tell how the sells were up 100000% then,the next week they say this

Sony has been taking losses all year in pretty much every division. It'll be a while before they recoup the costs of the PS3, and even their TV division has gone under. Sony may arguably have some of the best HDTVs on the high end, but in the sub $2,000 market they're destroyed by Samsung (#1) and LG (#2). Even Panasonic is currently doing better. I doubt Sony would ever fold, but I do wonder if it will cause them to be less aggressive going forward.

1.9million is more than the wii (lol)

What all this means is that Sony is still bleeding cash for each PS3 made and the price drop has made this worse. Sure they have increased sales, but more units sold == more losses. On the other hand the bad news for Microsoft and Nintendo... Microsoft is finally seeing a decent profit, even with the hardware issues, and Nintendo 'only' made over 2 billion instead of 3.3 that they were expecting. One has to wonder how long Sony stock shareholders will continue to accept the 'company line' and demand action. I know I am happy that I don't own Sony stock.

360 is like the "The Fugitive" with the PS3 chasing it down for the kill!!!!

They had to release the PS3 when they did at as big of a loss as they did in order to win the Blu-ray war. It cost them lots and lots of money but it worked. Had there not been an HD-DVD format who knows when the PS3 would have been released. I guess time will tell if the royalties are worth the billions they have lost.

I still can't believe PS2s are selling 2 million per quarter. Who is buying PS2s? Further, who the hell doesn't have one already?

Sony has done an outstanding job at turning the PS3 around. Of course, I never thought it was bad in the first place, but now, anyone who says PS3 has no games is ignorant and stupid. These losses were probably more attributed to the other products and services in this division that was marked as losing money, not Sony Computer Entertainment specifically.

it's optimistic to see that Sony is expecting loss "The company now expects to lose ¥95 billion ($1.04 billion), down from ¥120 billion ($1.32 billion)." I'm 14 I dont really understand all this business jargon

The last thing I want is for any gaming company to be losing money which may result in people losing jobs. I want every console to do well, so in case I decide to get another console, I will at least know it's a great console. I only have an Xbox 360 but if I want a console in the future, I'd WANT to make sure the PS3 or Wii or say PSP or DS is selling well.

i think mistake sony did was reall using that blu ray tec cuz 360 didnt its still competn wit ps3 blu ray was 2 new for it

Sony has a very nice looking Headquarters...

Ouch. Talk about hemorrhaging money. Sony is making changes too slowly. They need to adapt.

The 360's profits haven't been through the roof. They've made a lot of off software, but all those RRODs add up. Not only that but the first Xbox NEVER made profit; it could have, but Microsoft pretty much cut all production for the first console after the 360 came out. I think with all the PS2s Sony sold over the decade, they can afford a hardware loss on PS3's, especially if the software picks up like it should over the next year.

MrJack3690 @blackace um check your facts because the "sony is still losing money on each PS3 slim" when back a little after it came out one of the sony employees said it was profitable.. I'm just saying I'm pretty sure it's in gamespot's news somewhere, go check it out, cause I'm pretty sure I remember seeing that the slim is profitable ******************************************************* There's an article on Gamespot where a Sony Exec said they are still losing money on every PS3 Slim. Go find it. Forget it. I'll google it for you. lol!! 2 secs. << LINK REMOVED >><< LINK REMOVED >> -every-ps3-slim-sold << LINK REMOVED >> -of-ps3-slim-hardware/ I guess you missed that news. lol!!

i wouldnt say the ps3 is in last place i say second and wii started on top but nw the 360 is on top and wii is last my opinon tho

Last place(PS3) is gaining $$$$, and first place(Wii) is losing $$$$. That's all I have to say...

PS3, still the best console on the market Sony isn't the only global company experiencing hardship. get over it lemmings

melty3219 : "Sony took 3 years to bring the PS3 up to shape, hopefully now they will start making some profit because of the great gaming coming out in 2010." I'm sorry I don't own any console except PSP but Sony fanboys have been saying this for past 2 years. Always great games coming out not this year but next year right? 2 years ago you guys said it will take a year for PS3 to get in shape, now you are telling me it takes 3 years to get in shape? Anyone who is a rational consumer would conclude that Xbox360 is the console of this generation right now after following all the news.

dysonlu Posted Oct 30, 2009 10:37 am PT @blackace: Where does it say that the expected lose would be mainly due to the gaming division??? ****************************************************** I never said that. Did you miss this line in my comments? "Movie sales, Electronics sales and PS2/PSP sales are all down. " They had losses all around, not just in the gaming division. Read the article again. ******************************************************************* xophaser Sony's Bravia are over priced, was going to get one, but Samsung had a better deal at the time. ----------------------------------------------------------------------------------- I hear ya. I own 2 Sony T.V.s (1 - 50" HDTV LCD and a 27" Trinitron), but my next HDTV 1080p will probably be a Samsung as there T.V.'s are pretty awesome and definitely cheaper then Sony's overpriced Bravia's.

@blackace um check your facts because the "sony is still losing money on each PS3 slim" when back a little after it came out one of the sony employees said it was profitable.. I'm just saying I'm pretty sure it's in gamespot's news somewhere, go check it out, cause I'm pretty sure I remember seeing that the slim is profitable

Sony took 3 years to bring the PS3 up to shape, hopefully now they will start making some profit because of the great gaming coming out in 2010. hopefully thier next console will be better

Sony should stop making psp bundles because it makes the price of the psp look kind of high and lower the psp 3000 core to just $150 and the psp go to $200. i think that should increase the sales a little.