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

Yea Great! Money i want it
lol @king mario
A shame they wont reach 11... but i still think that 9.5 is more than most were expecting :p
Ahh... They can still make 11 millions... they just need to think positive! XD
if they hit 9.5 ill be really happy
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.
"while it’s games division achieved profitability", good for sony! Finally.
Gaming division reaching profits already? That doesn't seem as bad as they (sony, investors, ANALysts) thought. Great news!!!
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.
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.
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???
Only Sony do know the exact numbers
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
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"...
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.
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.
@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!
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.
@TruBlu2
Its 11 million 9.5 million in this fiscal year. Not since launch :)
@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?
It's really just a number. Consistent strong sales of the PS3 and PSP are more important... which seem to be doing pretty good.
Gane division in the black again, GREAT!
=] thats amazing