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Sony Corporation (SNE)
Q2 08 : Game Division earnings loss $379 Million Loss
Q2 08 : Game Division earnings loss $379 Million Loss
Sony - October 28, 2008
Submitted by apujanata (14935) at 1:44AM PST on October 29, 2008
Hardware: Overall hardware sales increased as a result of an increase in sales of PS3 and PSP. Sales of PlayStation®2 (“PS2”) decreased year-on-year.
Software: Despite an increase in PS3 and PSP software sales, overall software sales decreased as a result of a decrease in PS2 software sales.
An operating loss of ¥39.5 billion ($379 million) was reported, an improvement of ¥57.2 billion year-on-year.
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20apujanata posted on Sony Corporation (SNE) at 1:44AM PST on October 29, 2008. Article: Q2 08 : Game Division earnings loss $379 Million LossHardware: Overall hardware sales increased as a result of an increase in sales of PS3 and PSP. Sales of PlayStation®2 (“PS2”) decreased year-on-year. Software: Despite an increase in PS3 and PSP software sales, overall software sales decreased as a result of a decrease in PS2 software sales. An operating loss of ¥39.5 billion ($379 million) was reported, an improvement of ¥57.2 billion year-on-year.[ Oracle ] [ Level 30 ] [ Rank: 14935 ]
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Worldwide hardware unit sales (increase/decrease year-on-year):
→ PS2: 2.50 million units (a decrease of 0.78 million units)
→ PSP: 3.18 million units (an increase of 0.60 million units)
→ PS3: 2.43 million units (an increase of 1.12 million units)
Worldwide software unit sales (increase/decrease year-on-year):
→ PS2: 23.1 million units (a decrease of 14.9 million units)
→ PSP: 11.8 million units (a decrease of 0.8 million units)
→ PS3: 21.1 million units (an increase of 10.7 million units)
Inventory, as of September 30, 2008, was ¥243.2 billion ($2,338 million), which represents a ¥4.6 billion
decrease compared with the level as of September 30, 2007. Inventory increased by ¥83.7 billion, or 52.5%,
compared with the level as of June 30, 2008, due to increased inventory of PS3 and PSP hardware for the
holiday sales season.