Sony reports sharp drop in PS3 sales

30 Jan 2009

Sony PS3
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Sony has posted poor results for its gaming division in the last quarter of 2008, with a big drop in sales of its PS3 and PSP consoles.

In the three months to December 31st 2008, Sony sold 4.46 million PS3s, down 440,000 on the same period the year before.

PSP sales were 5.08 million, a drop of 680,000 units, while the PS2 suffered the biggest drop, selling 2.52 million units – down from 2.88 million in 2007.

Total sales at its games division for the final quarter were YEN 393.8bn, down 32.2 per cent on the same period in 2007.

PS3 software sales increased, but software sales on both PSP and PS2 fell.

Sony's overall results were also down for the final quarter, with sales dropping by 25 per cent and net income falling by 95 per cent.

The company now predicts it will post a net loss of YEN 150bn for its fiscal year ending on March 31st.

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Comments

Yes, and this should happen. Because the Electronic Giant is ruining its own name by what seems to be pouring out inferior products than its rivals. Lets just take their new series of Bravia LCD TV's with most suffering from backlight bleed. And believe me, I have also been a victim of this and returned my 40" W 4500 3 times after finally settling for same size but the V series. Numerous e-mails to SONY delivered not a single squeak from SONY. With the markets becoming fiercely competitive, SONY must realize that the name SONY is and has only become what it is, because of years and years of technological innovation and superior products. If it starts playing with that image it must sure expect that the end result would be loss of profit and damage to their name. The only way to get 'up there' again is to pull up its socks and give their loyal customers what they expect. If I have 1500 pounds to spend on a television, and all reviews warn me about poor quality control and backlight issues, surely I have to be a total nut to press on regardless and buy a SONY just for the sake of the name. I also have PS3, and can understand clearly the decline in sales. Besides the worldwide credit disaster, which affected everyone not only SONY, there is still a very limited amount of games available on this console that is worth buying. Before buying a console this is surely a consideration in my opinion.

So SONY, get your act together or fade into oblivion...

Fed Up customer!