Sony’s consumer products and services division has been hit by a $2.8bn loss for the last year.
The news of such a dramatic loss also comes after Sony reported an operating income of $429 million for its PlayStation business last year, although the console was then placed under a different arm.
Sony’s consumer division also includes LCD TV’s, PC’s and digital cameras.
Hardware sales fell across the board, with the PS3 selling 13.9 million units, down from 14.3 million in 2011, whilst PSP and PS2 sales dropped to 6.8 million and 4.1 million.
Sony has forecast however that sales of its portable systems, including Vita, will more than double to 16 million during the next year.