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Sony Q3 earnings ---Game=Profit !!

Mar_ said:
It's Snah. He's the only person in my ignore list for good reason.

"Snah" aka "Hans" spelled backwards ( Yup the same Hans from *** Ages!), deserves to be on most ignore lists.


Anyway what I see here is PS3 is not yet profitable, Sony's gaming business overall if profitable because of PSP and PS2 sales. Sony did a good job reducing cost on PS3. However the PS3 side of the business is nearly wiping out all the profit form the other consoles.


I know the comparisons to how much MS has earned this Quarter will be made. However there's some things to consider.

1. Sony is selling 3 gaming platforms in total.
2. All of the earnings from MS for the MS gaming division has come from the 360. Those earnings also include the areas where they are still losing money ( like possibly Zune or other areas).
 
Jammy said:
Wait... Media-Create has PS3's LTD at 1.78 million and NPD has it at 3.25 million.

I'd assume the European numbers are somewhere in between like they are for every console.

Why is there always such a big discrepancy between shipped and sold for Sony? :lol

I haven't checked, but if those NPD and Media Create numbers are accurate for Sony then they would've needed to sell upwards of 5.4 million consoles in Europe for the 10.49 million or close to 11 million number that people are talking about to be accurate.

That would basically put the ps3's performance at only about 600k from the Wii's in Europe? Is the Wii only barely outpacing the ps3 in europe?

I'm really starting to think that 8.83 million is Sony's worldwide shipped number until I see some info direct from Sony stating otherwise.

When Microsoft said this at CES 2007
Microsoft is on track to have shipped 13-15 million Xbox 360 systems by the end of its fiscal year (June 30, 2007).

Weren't Microsoft doing the exact same thing that Sony was doing when they said they would have 11 million by march 31st 2008? Wasn't Sony also saying their worldwide shipped number would be at 11 million, which is now 9.5 million since Sony changed their sales goal.

I just can't believe Sony was only talking about a specific period during PS3 sales and not the entire time.
 
awesome news. after the huge loss last year i was actually expecting them to at least stem the losses, but to actually make profit is incredible.
oh yeah i see cowboy asshole is doing his usual routine
 
Hammer24 said:
You can say about Stringer whatever you want - but he knows profitability and how to reach it.

Just like the LCD TV turnaround, Stringer is only enjoying the fruit of the hard work and vision of someone else who was sacrificed at the investors' altar.
 
justjohn said:
awesome news. after the huge loss last year i was actually expecting them to at least stem the losses, but to actually make profit is incredible.
oh yeah i see cowboy asshole is doing his usual routine

Trying to get clarification before I jump to wild conclusions on numbers that aren't being supported by Sony's own information makes me an asshole?

In this thread I've only ever spoke in regards to information directly from Sony. So I think probably speak for more than just myself when I say you can justfuckoff
 
Panajev2001a said:
Just like the LCD TV turnaround, Stringer is only enjoying the fruit of the hard work and vision of someone else who was sacrificed at the investors' altar.

No, I actually don´t think so. He did end budget abuse and other "cost centers" that mushroomed by the day. He brought a cost control attitude I´d say saved Sony. But thats just my humble opinion.
 
Please, please, tell me that the PS2 only sold 13.8 millions units LTD :

Calendar year 2007

Unit sales of Hardware (Unit: million)

PS2 13.8

PS3 8.83

PSP 12.11

(quoted from first post, you can't have missed it)

If you think that this PS3 number (8.83 millions) is LTD, you must also believe that the PS2 only sold 13.8 millions LTD. Right ?

Or maybe, just maybe, these numbers are only for the calendar year 2007 and you must add the 1.6 millions PS3 sold in calendar year 2006. Which leads to 10,43 millions.
 
Hammer24 said:
No, I actually don´t think so. He did end budget abuse and other "cost centers" that mushroomed by the day. He brought a cost control attitude I´d say saved Sony. But thats just my humble opinion.

If no one pushed Sony away from razor thin margins CRT TV's and full into the LCD age (joint venture with Samsung... Sony had been underestimating the LCD sector), pushed for integration of Sony's semiconductor divisions, and planned for PS3's cost reduction path (as well as the PSP cost reduction strategy) the turnaround of the CE segment and now of the Game segment would have not been this successful IMHO.

These things take time to bear fruit and yet you pay the price for them early on so they are always a risk (an investment is just a risk by another name in a way ;)).

Stringer did well by planning for cost cutting around Sony, but by itself it is of little value for the future if it does not come with growth... reaching higher profit margins just by firing people and chopping R&D is not a recipe for success for a company like Sony IMHO.
 
bluheim said:
Please, please, tell me that the PS2 only sold 13.8 millions units LTD :



(quoted from first post, you can't have missed it)

If you think that this PS3 number (8.83 millions) is LTD, you must also believe that the PS2 only sold 13.8 millions LTD. Right ?

Or maybe, just maybe, these numbers are only for the calendar year 2007 and you must add the 1.6 millions PS3 sold in calendar year 2006. Which leads to 10,43 millions.

Damn good point.

I made the assumption based on the fact that the ps3 has been out for a significantly lesser amount of time than the other 2 that the PS3 number must've took into account ALL playstation 3s.

I didn't take into consideration Calendar year 2006 so in that regard I made a mistake. Turns out you were right.
 
bluheim said:
Please, please, tell me that the PS2 only sold 13.8 millions units LTD :



(quoted from first post, you can't have missed it)

If you think that this PS3 number (8.83 millions) is LTD, you must also believe that the PS2 only sold 13.8 millions LTD. Right ?

Or maybe, just maybe, these numbers are only for the calendar year 2007 and you must add the 1.6 millions PS3 sold in calendar year 2006. Which leads to 10,43 millions.
You are correct.
 
CowboyAstronaut said:
I haven't checked, but if those NPD and Media Create numbers are accurate for Sony then they would've needed to sell upwards of 5.4 million consoles in Europe for the 10.49 million or close to 11 million number that people are talking about to be accurate.

This 10.49M number obviously includes consoles currently on shelves as usual.
 
CowboyAstronaut said:
I didn't take into consideration Calendar year 2006 so in that regard I made a mistake. Turns out you were right.

This seems to be confirmed by the numbers of the fiscal year 2007 :

Fiscal year,ending March 31,2008 (first three quarters )

Unit sales of Hardware (Unit: million)

PS2 11.38

PS3 6.92

PSP 10.48

6,92 millions PS3 sold from April 1st, 2007 to Decembre 31, 2007. If we add 1,6 millions sold in calendar 2006, this gives us : 8,52. Still far from 10,4 millions, but let's not forget there are 3 months missing (jan, feb and mar) and that the PS3 launched in march in Europe.
 
PS3
Period ---------- 2006 ------ 2007

Jan-Mar -------------------- 1.91M
Apr-Jun ---------------------- .71M
Jul-Sep --------------------- 1.31M
Oct-Dec ------- 1.66M ----- 4.90M
=====================

Total----------- 1.66M ------ 8.83M


LTD 10.49M
 
bluheim said:
This seems to be confirmed by the numbers of the fiscal year 2007 :



6,92 millions PS3 sold from April 1st, 2007 to Decembre 31, 2007. If we add 1,6 millions sold in calendar 2006, this gives us : 8,52. Still far from 10,4 millions, but let's not forget there are 3 months missing (jan, feb and mar) and that the PS3 launched in march in Europe.

Ending march 31st 2008???

I'm really confused now, but yea I believe the numbers, but I'm confused as where the march 31st 2008 comes from.
 
CowboyAstronaut said:
Ending march 31st 2008???

I'm really confused now.

financials and fiscal years arent very straight forward. This is a report for the stock markets and investors, etc so its not going to be in the best possible format for people to get the info from. Fiscal Years go from MArch to March for most companies. So FY07 is March 07 to March 08
 
HOLY SHIT! I definitely didn't expect that. As a stockholder, I am very happy that gaming is in the black again. :D
 
CowboyAstronaut said:
I haven't checked, but if those NPD and Media Create numbers are accurate for Sony then they would've needed to sell upwards of 5.4 million consoles in Europe for the 10.49 million or close to 11 million number that people are talking about to be accurate.

I said before in previous threads that Sony probably shipped 4-5m PS3s in Europe in 07...based on figures we had before. It seems now, yes, it's probably closer to 5m, whereas I guesstimated before it might be closer to 4m.

Dec + Mar alone accounts for about 3m units in Europe. So it's not THAT unbelievable.
 
amazing. I reas this earlier tonight and was gobsmacked. well done sony.



maybe the cost savings came from kutaragi's paycheck :-
 
While the figure for the PS3 and PSP are lower with the new counting method, for some reason they're slightly higher in the case of the PS2.

EDIT: talking about last fiscal year.
 
So if i have understood it correctly, Sony's gaming devision has made 133 million USD in profit in Q3 2007? Thats pretty amazing concidereing all the "PS3 is doomed!" talk (i know these numbers contains PS2 and PSP as well, but still). Anyone have the numbers for Q2 2007?
 
Miburou said:
While the figure for the PS3 and PSP are lower with the new counting method, for some reason they're slightly higher in the case of the PS2.
Well I guess they underestimated continued retail demand for PS2 at some point. Interesting that PS2 in 8th year still comfortably outsells 360 (let alone PS3) worldwide. And this will probably be the year of 99$, so it's not likely to end...
 
Fafalada said:
Well I guess they underestimated continued retail demand for PS2 at some point. Interesting that PS2 in 8th year still comfortably outsells 360 (let alone PS3) worldwide. And this will probably be the year of 99$, so it's not likely to end...

They could also redesign it further... I find it very impressive that they managed to fit the DC adapter in the same form factor of the PSTwo though (I was recently looking at its external power supply and got thinking about that :)).
 
diddlyD said:
their net income in total for the first three quarters (after taxes and interest) is 2.937 billion dollars

Net income also includes gains and losses from sold and discontinued operations.
 
how crazy. isn't this like half the time it took the PS2 to reach the same milestone?

Of course the PS2 is still printing money for them.
 
Panajev2001a said:
Stringer did well by planning for cost cutting around Sony, but by itself it is of little value for the future if it does not come with growth... reaching higher profit margins just by firing people and chopping R&D is not a recipe for success for a company like Sony IMHO.
Well said.
 
Panajev2001a said:
If no one pushed Sony away from razor thin margins CRT TV's and full into the LCD age (joint venture with Samsung... Sony had been underestimating the LCD sector), pushed for integration of Sony's semiconductor divisions, and planned for PS3's cost reduction path (as well as the PSP cost reduction strategy) the turnaround of the CE segment and now of the Game segment would have not been this successful IMHO.

These things take time to bear fruit and yet you pay the price for them early on so they are always a risk (an investment is just a risk by another name in a way ;)).

Stringer did well by planning for cost cutting around Sony, but by itself it is of little value for the future if it does not come with growth... reaching higher profit margins just by firing people and chopping R&D is not a recipe for success for a company like Sony IMHO.

Very well said.
 
Elios83 said:
All the numbers I've posted are according to the new method= sales to retailers. According to the previous method (shipped from the manufactruing plant) sales would have been higher ( 5.5m sold by the end of march 2007).
And yes, they've shipped 10.49m units ww by 31 December 2007.
Oh sorry, so they really managed things so well. 10.49m in less than 14 months isn't bad at all. I think 2008 will be a good year for PS3.
 
Shepherd said:
Microsoft shipped 8.9 Million 360s in 2006. Sony shipped 8.83 for 2007. So, Sony did not beat Microsoft`s best year.

Oh noes. Considering the PS3 has been pounded by the media since day one and they have all but ignored the RROD and Live issues I would say the PS3 year one total is impressive.

And it will only go up as things improve.
 
Some rough comparisons with the first years of other Playstation platforms..

These comparisons are difficult though, because all the platforms had different release strategies, globally. I have included, where it is larger, the shipments/sales in the first years of global availability, where that was larger than the first year straight. Note that PS3 hasn't yet had a first full year of global availability (it'll hit that in March).

Year one sales/shipments:

PS3 - 10.49m (unit sales to retail) includes ~1 year of sales in JPN/NA, ~9 months in EU
PS2 - 10.04m (production shipments) <21.47m in first year of global availibility
PSP - 15.03m (production shipments)
PS1 - 3.40m (production shipments) <9m in first year of global availibility
 
Shepherd said:
Microsoft shipped 8.9 Million 360s in 2006. Sony shipped 8.83 for 2007. So, Sony did not beat Microsoft`s best year.
But Microsoft shipped 10.4m 360s by the end of 2006 while Sony shipped 10.49m PS3s by the end of 2007.
 
Here's competitive comparisons:

Year one (reported figures)

PS3 - 10.49m - ~13 months in NA/JPN, ~9 months in EU
360 - 10.4m - ~13 months in NA, ~12 months in JPN/EU (or is this 10.3? Wiki says 10.3, but read 10.4 elsewhere)
Wii - 20.13m - ~13 months in NA, ~12 months in JPN/EU
 
Once again, I did say the tide was turning and it did.

You guys now need to think of my predictions for the long term and realize that it will happen.
 
Most important news everyone missed: Matsushita will change its name to Panasonic Corp on October 1.


Hey, I didn't know :/

Why is taking this long to see Matsushita and Sony merging? Its bound to happen...
 
Does anyone know who manufactures the PS3 chassis for Sony? A potential cost reduction could be new engineering methods from the manufacturer itself...
 
i can honestly say i saw this coming

price was the biggest factor shortly followed by game library, 2 things that were greatly improved over the fall season

personally i know 4 people that grabbed a ps3 over the holidays, and atleast 2 more looking to buy in the next few weeks
 
Sony engineers are gods. One year after it launches, we are hearing about the PS3 getting cheaper to manufacture and it is devoid of the major failure issues the X360 has. Now, how about figuring out how to get the BC chip back in there at a lower cost and start letting people buy BC PS3's again.
 
Tabris said:
Once again, I did say the tide was turning and it did.

You guys now need to think of my predictions for the long term and realize that it will happen.

Hows that straight jacket?
 
'Adjusted' year one comparison vs other PS platforms. May be a purer comparison than the previous one:

PS3 (sales to retail)

10.49m - first ~13 months in NA/JPN, ~9 months in EU

PS2 (production shipments)

19.28m - first ~13 months in NA/JPN, ~9 months in EU

PS1 (production shipments)

7.8m - first ~12 months in NA/JPN/EU

PSP (production shipments)

18.59m - first ~12 months in NA/JPN/EU


Basically I just took the first x month of sales in each region and added them together, regardless of when the system launched in each region.
 
Nintendos Numbers are sold to consumers
Sonys and MSs numbers are shipped to retailers...


thats why there is this discrepancy
 
Tabris said:
Once again, I did say the tide was turning and it did.

You guys now need to think of my predictions for the long term and realize that it will happen.

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farnham said:
Nintendos Numbers are sold to consumers
Sonys and MSs numbers are shipped to retailers...


thats why there is this discrepancy
All numbers are to retailers... But for Nintendo consoles there's no diference.
 
farnham said:
Nintendos Numbers are sold to consumers
Sonys and MSs numbers are shipped to retailers...


thats why there is this discrepancy
Sony changed their reporting to from shipped to sold last fiscal year. Microsoft is the only company that still uses shipped numbers.
 
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