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[Old] Sony Reports Q1 Financial Results - $191 Mil Loss For The Total Company [Old]

-Sony Corporation,the world's largest game console maker,announced its consolidated results for the first quarter ended June 30, 2011 (April 1, 2011 to June 30, 2011)

-Sony Corporation posted an operating income of $340 million;the company reported a net loss of $191 million

-For the current fiscal year ending March 31, 2012, Sony expects to sell 15 million PS3s, 6 million PSPs and 4 million PS2s


PSP Worldwide Unit Sales/Production Shipments (Unit:Million)
Code:
March 31,2006  Cumulative  Production Shipments of Hardware -> 17.03

Hardware Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07        1.4      2.0      4.7      1.5      9.6      9.6 

FY 2007/08        2.1      2.5      5.7      3.5      13.8     23.4 

FY 2008/09        3.7      3.2      5.1      2.1      14.1     37.5 

FY 2009/10        1.3      3.0      4.2      1.4      9.9      47.4

FY 2010/11        1.2      1.5      3.6      1.7      8.0      55.4

FY 2011/12        1.8       -        -        -       1.8      57.2



March 31,2006  Cumulative  Production Shipments of Software -> 47.3

Software Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07        9.2      13.2     21.2     11.1     54.7     54.7

FY 2007/08        9.8      12.6     18.3     14.8     55.3     110.0 

FY 2008/09        11.8     11.8     15.5     11.2     50.3     160.3 

FY 2009/10        8.3      13.0     15.0     8.1      44.4     204.7

FY 2010/11        9.2      11.0     16.5     9.9      46.6     251.3

FY 2011/12        6.6       -        -        -       6.6      257.9
PS2 Worldwide Unit Sales/Production Shipments (Unit:Million)
Code:
March 31,2006  Cumulative  Production Shipments of Hardware -> 103.69

Hardware Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07        2.3      3.4      6.7      2.4      14.8     14.8 

FY 2007/08        2.7      3.2      5.4      2.4      13.7     28.5 

FY 2008/09        1.5      2.5      2.5      1.4      7.9      36.4 

FY 2009/10        1.6      1.9      2.1      1.7      7.3      43.7

FY 2010/11        1.6      1.5      2.1      1.2      6.4      50.1

FY 2011/12        1.4       -        -        -       1.4      51.5



March 31,2006  Cumulative  Production Shipments of Software -> 1047.0

Software Sales    Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07        32.7     47.2     78.6     35.0     193.5    193.5

FY 2007/08        31.1     38.0     60.9     24.0     154.0    347.5 

FY 2008/09        19.3     23.2     29.7     11.3     83.5     431.0 

FY 2009/10        8.5      11.4     11.2     4.6      35.7     466.7

FY 2010/11        3.4      5.6      5.3      2.1      16.4     483.1

FY 2011/12        1.5       -        -        -       1.5      484.6
PS3 Worldwide Unit Sales (Unit:Million)
Code:
Hardware Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07         -        -       1.7      1.8      3.5      3.5

FY 2007/08        0.7      1.3      4.9      2.2      9.1      12.6 

FY 2008/09        1.6      2.4      4.5      1.6      10.1     22.7 

FY 2009/10        1.1      3.2      6.5      2.2      13.0     35.7

FY 2010/11        2.4      3.5      6.3      2.1      14.3     50.0

FY 2011/12        1.8       -        -        -       1.8      51.8


Software Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07         -        -       5.2      8.1      13.3     13.3

FY 2007/08        4.7      10.4     26.0     16.8     57.9     71.2 

FY 2008/09        22.8     21.2     40.8     18.9     103.7    174.9 

FY 2009/10        14.8     23.9     47.6     29.3     115.6    290.5

FY 2010/11        24.8     35.3     57.6     30.2     147.9    438.4

FY 2011/12        26.1      -        -        -       26.1     464.5

Sony: Q1 FY2011 Earnings Announcement

Microsoft: LTD Xbox 360 unit sales 55.3 M


Hardware Ap-Jn 2011
PS3 1.8 m
PSP 1.8 m
360 1.7 m
Wii 1.56 m
DS 1.44 m
PS2 1.4 m
3DS 0.71 m
 
guess that means no price cut this year. Too bad, I wanted to replace my current PS3 but Ill just wait.

Edit: woops, I didnt notice the drop, my bad. Gamescom it is then.
 

Averon

Member
So, Sony shipped 1.8 million PS3s this quarter compared to 2.4 million last year. I don't know how Sony will hit anywhere near 15 milllion PS3s without a $100 price drop.
 

Kagari

Crystal Bearer
LightOfTruth said:
guess that means no price cut this year. Too bad, I wanted to replace my current PS3 but Ill just wait.

Erm... they're going to drop the price in August most likely.
 
LightOfTruth said:
guess that means no price cut this year.

bigtroyjon said:
price cut seems likely at this point if they are going to outship last year.

applause.gif
 
I don't know, is it bad or good?
PS2 is still the king or not?

Fake edit: So, is Sony reporting that it has shipped 154 millions PS2 LTD?
Holy shit....
 

DogWelder

Member
LightOfTruth said:
guess that means no price cut this year. Too bad, I wanted to replace my current PS3 but Ill just wait.

Edit: woops, I didnt notice the drop, my bad. Gamescom it is then.
Sales drop plus an increase in their forecast. Price drop guaranteed. Probably $100 less than current MSRP.
 

stilgar

Member
24FrameDaVinci said:
And the same will likely happen with the PS3 hardware when PS4 debuts.


Totally because the situation will be exactly the same! Uncanny!

Oh, wait it won't. Not even a little bit.
 

dalin80

Banned
Open Source said:
PS2 software sold since still PS3 launch still > PS3 software sold in that time. Wacky.


Not really when you take into account the insanely huge PS2 library and cheaper games.
I still buy a lot of new PS2 games as you can get the from £5-10 a piece.
 

DogWelder

Member
Open Source said:
PS2 software sold since still PS3 launch still > PS3 software sold in that time. Wacky.
Not quite. If you take out the FY2006-2007 Ap-Jn and Jl-Sp quarters from the PS2 software shipments it's lower. Still damned closed though.
 
PS2 Worldwide Unit Sales/Production Shipments (Unit:Million)

FY 2006/07 2.3 3.4 6.7 2.4 14.8 14.8

FY 2007/08 2.7 3.2 5.4 2.4 13.7 28.5

FY 2008/09 1.5 2.5 2.5 1.4 7.9 36.4

FY 2009/10 1.6 1.9 2.1 1.7 7.3 43.7

FY 2010/11 1.6 1.5 2.1 1.2 6.4 50.1

FY 2011/12 1.4 - - - 1.4 51.5

PS3 Worldwide Unit Sales (Unit:Million)

FY 2006/07 - - 1.7 1.8 3.5 3.5

FY 2007/08 0.7 1.3 4.9 2.2 9.1 12.6

FY 2008/09 1.6 2.4 4.5 1.6 10.1 22.7

FY 2009/10 1.1 3.2 6.5 2.2 13.0 35.7

FY 2010/11 2.4 3.5 6.3 2.1 14.3 50.0

FY 2011/12 1.8 - - - 1.8 51.8

The PS2 won´t die. It´s crazy that it has almost sold as much as the PS3 i the same time period.
 
-Sony Corporation posted an operating income of $340 million;the company reported a net loss of $191 million

Does this mean they gained or lost money in the end?
 

Raonak

Banned
FateBreaker said:
-Sony Corporation posted an operating income of $340 million;the company reported a net loss of $191 million

Does this mean they gained or lost money in the end?

I had always thought net loss meant the company made no money, instead lost the specified amount. Im not sure. Sounds wrong, but they might have made no profit and lost that much o_O

EDIT: DAT PS2. It's like the terminator. It keeps chasing!

EDIT 2: Just googled what net loss means. Yep. they made no profit.
 

Patapwn

Member
FateBreaker said:
-Sony Corporation posted an operating income of $340 million;the company reported a net loss of $191 million

Does this mean they gained or lost money in the end?

It means that their rivers run red with ink
 
Patapwn said:
Is sony ever going to turn a profit?


They are a lumbering giant of a company that makes too many products that people aren't interested in buying. The few products people might be interested in take too long to come to market and are too expensive by the time they get there.

They need to shed workforce, slim down, and focus on a few key areas. Otherwise they will go down in history as the GM of electronics.
 

DogWelder

Member
outunderthestars said:
They are a lumbering giant of a company that makes too many products that people aren't interested in buying. The few products people might be interested in take too long to come to market and are too expensive by the time they get there.

They need to shed workforce, slim down, and focus on a few key areas. Otherwise they will go down in history as the GM of electronics.
Well Sony seems to think they will make money this FY, and they have revised down so there is no reason to believe their expectations are inaccurate. Their forecast is net profit of ~$800 million for the FY, for the record.
 

Zinga

Banned
If PS3 sales are down 25%, whilst 360 sales are up a significant amount, how can anyone say that PS3 is outselling 360 WW right now?
 

Patapwn

Member
outunderthestars said:
They are a lumbering giant of a company that makes too many products that people aren't interested in buying. The few products people might be interested in take too long to come to market and are too expensive by the time they get there.

They need to shed workforce, slim down, and focus on a few key areas. Otherwise they will go down in history as the GM of electronics.

Pardon my ignorance, but are they, um... doing this?
 

Mpl90

Two copies sold? That's not a bomb guys, stop trolling!!!
Ehi,they didn't say anything about including Vita in PSP results of the FY,like N did with 3DS and didn't with the Wii U.
Straaange......
 

Raonak

Banned
Deadly Joker said:
April through June HW (Shipped)

PS3 - 1.8
Xbox 360 - 1.7

link? (if true, suprising x360 went down from last year too, since kinect and everything, and NDP, but us != world)
 
Zinga said:
If PS3 sales are down 25%, whilst 360 sales are up a significant amount, how can anyone say that PS3 is outselling 360 WW right now?
By looking at the numbers? Maybe the PS3 was outselling the 360 by more than the difference between its decline and the 360s increase.
 
DogWelder said:
Well Sony seems to think they will make money this FY, and they have revised down so there is no reason to believe their expectations are inaccurate. Their forecast is net profit of ~$800 million for the FY, for the record.

edit: wrong info. Last year they forecasted an $800 million profit, but lost 3.2 billion dollars. I wouldn't trust their forecasts....

http://www.industryweek.com/articles/sony_stocks_rise_despite_loss_forecast_24689.aspx

Their stock is also trading at less than half what it did in 2007....
 

DogWelder

Member
outunderthestars said:
The article I found says they are forcasting a 3.2 billion dollar loss this year, their third year of massive losses in a row:

http://www.industryweek.com/articles/sony_stocks_rise_despite_loss_forecast_24689.aspx

Their stock is also trading at less than half what it did in 2007....
That was for last FY, which ended in March. Here's their new forecast, which they just adjusted down:

http://www.bloomberg.com/news/2011-...-forecast-by-25-lowers-outlook-for-sales.html
 
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