Sony PS3 Sales Decline, Revenues Drop

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News Posted: Thu, Jul 28 2011 8:01 PM
Sony has posted financial results for the first fiscal quarter 2012, and the company has been hurt by a decline in PS3 sales.

Fiscal Q1 revenues from game hardware, software and online services dropped 11.9% from the previous year to $1.5 billion, while unit sales of the Playstation 3 dropped to 1.8 million compared to 2.4 million the year prior. The company expects the total number of PS3 units sold this year to be 15 million, which is actually an increase from 14.3 million last year.

The Playstation 2 is still going, with 1.4 million sold in the quarter, only a little bit down from 1.6 million year-on-year, with a forecast to sell 4 million units, down from 6.4 million last year.

 
On the handheld side, the PSP sold 1.8 million units in fiscal Q1, up from 1.2 million last year, and is expected to sell 6 million total, down from 8 million.

Meanwhile, software sales for the PS3 increased to 26.1 million compared to 24.8 million the previous year, while PS2 sales were down to 1.5 million from 3.4 million and PSP sales were 6.6, down from 9.2. All three consoles are projected to see approximately the same number of software sales compared to last year, at 210 million across all platforms.

Overall, the company as a whole saw revenues decline to $18.5 billion, a decrease of 10% from $21.4 billion the previous year. The company also posted a total loss of $191 million compared to profits of $330 million last year, which they attributed to the earthquake earlier this year.
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AKwyn replied on Thu, Jul 28 2011 11:29 PM

That's what you get for removing OtherOS, engaging in a lawsuit with GeoHatz, getting hacked, handling the situation in a piss poor manner and getting hacked tons more times.

Let's hope Sony has a chance of recovering from this.

 

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FZa replied on Fri, Jul 29 2011 12:04 AM

^ I second that.

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Dave_HH replied on Fri, Jul 29 2011 12:11 AM

Yeah, Sony had their turn in the tank this year, that's for sure. Hopefully they've learned along the way.

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BlahBlah2 replied on Fri, Jul 29 2011 3:14 AM

That will learn them indeed, they took away a feature that nobody was interested in and as a result they sold more PS3's than last year....

There are some real retarded Americans here, is there any way to block their comments?

PS3 is the system of choice for gamers, not only does it by far have the best exclusives, it also has the best features too. My 2006 60GB PS3 is working great still, and after 5 years, it's still bang upto date, supporting latets HDMI and 3D movie specs, and the latest games, and I have not had to pay anything to play online for those 5 years, and no additional hardware outlays either.

Seems it's fashionable to hate the top-dog, and Microsoft have been encouraging that recently...

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@BlahBlah2

Read the article

"while unit sales of the Playstation 3 dropped to 1.8 million compared to 2.4 million the year prior."

They did not sell more PS3s this year. Plus there were plenty of people interesting in the OtherOS option on the PS3 and SONY had no reason to take the feature away they could have easily left it alone and simply said they don't support it.

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BlahBlah2 replied on Fri, Jul 29 2011 11:44 AM

"The company expects the total number of PS3 units sold this year to be 15 million, which is actually an increase from 14.3 million last year."

The drop is for LAST QUARTER..... Software sales are up, and the loss is mostly down to the devastating quake/tsunami.

Are all Americans as thick/ignorant as you are?

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kayoss replied on Fri, Jul 29 2011 12:04 PM

Let me ask you a question. If someone told you that he knows how to enter your home and told you that you have a weakness in your home security and that he will enter your home through that weakness. what would you do?

Geohotz posted that he can jailbreak the PS3 through otherOS (weakness), you didnt expect Sony to just around and wait for Geohotz to jailbreak the system (eventhough he eventually did but thats not the point). If someone threatens to sabotage or ruin something of yours, wouldn't you doing anything to prevent it? Sony maybe not the best company, but they're not like microsoft. Microsoft will milk you as much as possible. Really $99 for 20gb hard drive, $99 for internet adapter? $70 to go online so you can spend more money to buy games online? its like paying an entrance fee to go into Gamestop to buy games WTF?

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3vi1 replied on Fri, Jul 29 2011 5:44 PM

>> "Let me ask you a question. If someone told you that he knows how to enter your home and told you that you have a weakness in your home security and that he will enter your home through that weakness. what would you do?"

That's not at all like what happened. Look at it from the perspective of someone who owns a PS3 and uses OtherOS as much as his games.

My analogy: You buy your house and land from a builder. The builder then comes back in the middle of the night and replaces the back door on every house they built with a brick wall, preventing you from accessing your back yard. You figure out how to punch a hole in brick wall, and post instructions telling the other owners how to do the same. Then the builder drags you into court saying you violated anti-hacking laws for doing what was necessary to get back full use of your property as it was when you bought it.

Now... Sony was nicer than the builder: They gave users the choice of losing their back yard, or having their car towed out of the front yard so that they can no longer use the Sony store or features of online games they already own (online play in the Rock Band games is gone for me now that I did not accept their terms and update). It's a catch-22; you lose both ways if you use OtherOS.

It doesn't make a damned bit of difference to me whether or not their business model was threatened - that doesn't give them the right to take away what I already paid for, and it doesn't make it legal.  Nor does any of this make it immoral for anyone to share information on how to restore full operation, no matter what the stupid DMCA says (even if you can use crowbar you invented to carry stolen goods into houses made by this builder).

Punishing me, the legal user, for what a pirate *might* do, is unacceptable.  It's all moot now, as the PS3 has been cracked wide open and nothing can put the genie back in the bottle.  If Sony wasn't run by evil jerks with no regard for their customers, they'd put OtherOS back in the firmware since it makes no difference to them now... and it would allow me to upgrade and play online again.

What part of "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn" don't you understand?

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OSunday replied on Sat, Jul 30 2011 1:18 PM

Hopefully this will cause Sony to follow in Nintendo's footsteps with a 34% price drop due to low sales so I can get a PS3 at a bargain bin price XD

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RVia replied on Mon, Aug 1 2011 12:08 AM

they shouldn't have leaked that the PS4 was being made.. nor cut off the Linux support !

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BReardon replied on Thu, Oct 20 2011 4:56 PM

there are other methods of securing a system. Sony chose an immature, feature compromising method. I bought a ps3 partly because of otherOS. I'd rather have the option to risk it.

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