The gaming division entire is finally back in black, says Sony, though at the same time fiscal PS3 projections for the same period were less bullish. The company's original sales goal for the fiscal year ending March 2008 was 11 million units -- that's now been reduced to 9.5 million. It means that even last minute price cuts weren't enough to rescue the controversially premium-priced PS3 from finishing the annual heat in third place...distantly.
PlayStation brand hardware as a whole stands to slot second again, abetted by sales of Sony's indefatigable PlayStation 2 and increasingly popular PlayStation Portable brands. Sony expects to sell 13 million PlayStation 2 and 13 million PSP units through March 2008.
Game-goggles off, and you see a very different picture. Thanks to strong sales of Sony's other electronic offerings (LCD TVs, Vaio personal computers, Cybershot digital cameras, etc.) the company is in fact reporting overall record sales -- up 9.6 percent with net profit up 25 percent to $1.76 billion for the final three months of its fiscal year.
cool. now that i'm interested - do one for microsoft since they do other things too.
and how is nintendo doing? (do they do anything else besides games?)
Nintendo deals exclusively in the gaming industry.
Microsoft has been losing money for the past several months, although I cannot say I've been looking at their stocks recently.