Sony posts strong Q3 profits in PlayStation group |
Despite a small 6% dip in quarterly sales year-over-year, “due to a decrease in sales in the game business resulting primarily from unfavorable foreign exchange rates,” Sony’s Networked Products & Services group, which houses the PlayStation brand, managed to post ¥45.7 billion (about $564 million) in profits for the third quarter period, which ended December 31. That’s a 135% gain over the prior-year’s period.
Even though quarterly sales of the PlayStation 3 and PSP have lagged year-over-year, Sony is predicting 15 million PS3 consoles sold for the fiscal year, compared to 13 million for the year prior. This has a lot to do with “cost reductions” on the PS3 and significant gains in PlayStation 3 software sales. So things are looking great for the PS3 right now. As for the PSP and PS2, not so much.











Sony saw the sales of its PS3 increase significantly, when the price was cut and the PS3 Slim hit the market. The console is still selling decently and fans in Japan will have a new color with a couple new features to choose from soon.

I have all three game consoles in my house and my son and his friends spend lots of time playing games around here most weeks. When it comes time to play games they all typically want to play the PS3 the most. The Wii is the second choice and they rarely play the Xbox 360.