Sony PlayStation Operating Losses Double in Q2

October 25th, 2007, 21:12 Posted By: wraggster

Sony said Thursday that quarterly operating losses for its games unit had more than doubled, but that it hoped the division would break even or better in the second half of the financial year.

During the quarter Sony sold 1.31 million PlayStation 3s and 10.3 million PS3 software units globally. The ageing PS2 notched up 3.28 million sales and 38 million game sales, while the company also shifted 2.58 million units of its handheld PSP console and 12.6 million games for the system.
The company feels it is still on track to sell 11 million PlayStation 3s during the current financial year.

The games division losses weren't enough to stop Sony posting a quarterly operating profit across its full business however. Overall Sony's quarterly operating profit reached 90.5 billion yen, compared to a loss of 20.83 billion during the same period last year. Growth was largely driven by strong LCD TV, camera and camcorder sales.

http://www.next-gen.biz/index.php?op...=7672&Itemid=2

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