RSS 4:24pm EDT Fri 29th Aug 2008 441 online (158 members & 283 guests) PSU.com: News - PS3-Sony reveals Q3 results, cuts PS3 sales forecast
AllPS3PSPPS2
Register | Why sign Up? Forgot password?

New PSU Articles

See Also

This article has been read 5,098 times

Sony reveals Q3 results, cuts PS3 sales forecast

Posted on January 31st, 2008 at 06:53 EDT

Sony Corporation announced today that it has reduced its forecast of PlayStation 3 units sold by March from 11 million to 9.5 million.

Despite this, sales of the company’s handheld system, PlayStation Portable, surpassed expectations, and the firm now expects to sell a total of 13 million units for the current business year.

News comes following the platform holder’s Q3 financial results, where the company saw a six per cent increase, while it’s games division achieved profitability thanks largely to the reduction in manufacturing costs for the PS3.

Operating profits reached JPY 189.36 billion compared to the previous years JPY 178.91 billion. Finally, operating profit forecasts for the year to March were cut from JPY 450 billion to JPY 410 billion.

Source: MCV UK

Next: EA unveils Facebreaker

Electronic Arts has announced development of a new Boxing title named Facebreaker for next-generation consoles. Due out on PlayStation 3, Xbox 360 and Wii, this all-ne...

User Comments

You must Login or Register to post comments
What are your thoughts?
posted 6:56am EST - January 31st, 2008
1

Yea Great! Money i want it

posted 7:05am EST - January 31st, 2008
2

lol @king mario

 

A shame they wont reach 11... but i still think that 9.5 is more than most were expecting :p

posted 7:18am EST - January 31st, 2008
3

Ahh... They can still make 11 millions... they just need to think positive! XD

posted 7:21am EST - January 31st, 2008
4

if they hit 9.5 ill be really happy

posted 8:03am EST - January 31st, 2008
5

I don't understand---Its 1-31-08 and as of today 9.62mil have been sold according to VG Chartz

Here is the link:

http://www.vgchartz.com/

 

They can't sell 1.38mil by the end of March?????????   WHY??????????

It doesn't make sense.

 

posted 8:07am EST - January 31st, 2008
6

"while it’s games division achieved profitability", good for sony!  Finally.

posted 8:49am EST - January 31st, 2008
7

Gaming division reaching profits already? That doesn't seem as bad as they (sony, investors, ANALysts) thought. Great news!!!

posted 8:55am EST - January 31st, 2008
8

I have quite a few friends just waiting on their tax returns to buy a PS3. This could be the same for a lot of people.

posted 9:40am EST - January 31st, 2008
9

I thought they would reforcast their sales figures.  My guess is that VGChartz isn't that far off with their "estimation" but Sony wants to make absolutely sure they will hit this new forcast and I bet that they are already very very close to 9.5 million sold, if not a little over. 

In my opinion, Sony could do a few things that would greatly help sales in the U.S.A. and perhaps the world.

1.  Get the cost down another $100.  This seems obvious, but I wasn't the one that made the decision to include a Blue-Ray player.  Sony did.  I would have chosen to increase the core RAM of the system by another 256MB and gone DVD with a HD.  Obviously they would need to let the current inventory deplete.

2. Come out with a USB connected IR connector, so that people that have one remote for everything can program it for the PS3. 

3. Include an HDMI/Component cable in the box. 

4. Include a rumble controller as soon as they can.

Obviously get the software out as quick as they can, gain more exclusives and software, but that can always be said.  Sony needs HOME to be good and out quickly. 

posted 10:00am EST - January 31st, 2008
10

http://money.aol.com/news/articles/_a/sony-quarterly-profit-rises-25-percent/n20080131050609990006

 

Now this link to a story states Sony has sold 10.5mil since Nov 06 laucnh of the PS3.  Which is right???

posted 11:19am EST - January 31st, 2008
11

Only Sony do know the exact numbers

posted 11:20am EST - January 31st, 2008
12
Why did they drop their estimates by so much. Its a lock that they will hit 10 mil sold by the end of Feb. They should be able to sell close to 10.5 mil by the end of March.
posted 12:15pm EST - January 31st, 2008
13

psn id: gingo... i didn't think they would make 11 mill but 9.6 is still a gd target to get but by the end of the year i expect a huge jump

posted 12:47pm EST - January 31st, 2008
14

I'm sure the cut is just incase they can't reach reach. It seems they rather place it safe. Which isn't a bad move. If they do sell 11 mill, they can say "Hey, awesome, we did it" and if they sell lowering, they can say "well we forcasted that and adjusted"...

 

 

posted 1:22pm EST - January 31st, 2008
15

I guess they were going to adjust it to make it more realistic in terms of their sales, 11 million is a rather high benchmark anyway.

posted 3:06pm EST - January 31st, 2008
16

its all good to tell the people who already have ps3's that we're gettin home and other cool things like that BUT SONY NEEDS TO TELL THOSE WITHOUT THE CONSOLE! i rarely see a ps3 advert and all they seem to do is say pretty much  'this is a big black box to play games on. it also has blu ray!' a lot of people have never heard of blu-ray.

posted 4:07pm EST - January 31st, 2008
17
cool :)
posted 5:00pm EST - January 31st, 2008
18

@Anim3Fr33K


Why?  Instead of hearing that  PS3's are selling moderatley well, I'd rather have good games. The only reason my PS3 isn't gathering dust in a cupboard right now is because I'm replaying FF7 on it. Don't get me wrong I love the console but come on, gimme games!

posted 5:09pm EST - January 31st, 2008
19

that's good that they are making money from the psp.  but they need to figure out how to advertise the right message to the right demographic.  i dont think they really care about advertising campaigns at the moment. or maybe they just like to keep secrets.  and i think that sales will improve very much when people get there tax returns, you just watch.

posted 5:42pm EST - January 31st, 2008
20

@TruBlu2

Its 11 million 9.5 million in this fiscal year. Not since launch :)

posted 6:39pm EST - January 31st, 2008
21
Sell Sell Sell ! ! ! ! ! ! ! ! !
posted 6:46pm EST - January 31st, 2008
22

@MagicalJoker

Are you saying the world-wide PS3 sales to date stands at 11 million and Sony's forcast of 9.5 million is for their fiscal year march '07 to march '08 and not total sales from launch to march '08?

posted 7:06pm EST - January 31st, 2008
23

It's really just a number. Consistent strong sales of the PS3 and PSP are more important... which seem to be doing pretty good.

posted 8:43pm EST - January 31st, 2008
24

Gane division in the black again, GREAT!

posted 7:32am EST - February 1st, 2008
25

=] thats amazing

Top Games: Call of Duty 4: Modern Warfare | Kingdom Hearts II: Final Mix | Pro Evolution Soccer 2008 | Need For Speed Pro Street | FIFA 08 | Grand Theft Auto IV | Assassin's Creed |
Top Cheats: Call of Duty 4: Modern Warfare Cheats | Resistance: Fall of Man Cheats | Rainbow Six Vegas Cheats | Ninja Gaiden Sigma Cheats |
PSU: Advertise | Contact | Staff | Jobs | RSS Feed | Wallpapers | Upload a wallpaper | PS3 Themes | Upload a PS3 Theme | PodCasts | Events | Game rankings
Copyright 2006-2008 GameBurst Media Ltd. All Right Reserved. Designed by Naveed Lalani.
Reproduction in whole or in part in any form or medium without express written permission of GameBurst Media Ltd. is prohibited.
Use of this site is governed by our Terms of Use and Privacy Policy .
Affiliates: Armchair Empire | Creative Uncut | Chapter Cheats | DarkStation | Free MMORPG | Gamers Brain | Game Cheats | Game Design | Gamerskrew | Gamers Europe | GamerZines | La PS3 | Max PS3 | PlayStation Portable | PS3 | Ps3 cheats | PS3 | Talk Xbox | Xbox 360 Cheats | Xbox 360 News | DarkZero | CheatHappens | NintendoSpin
eXTReMe Tracker