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Forums - Sony Discussion - Sony FY2014 Earnings (2.4m PS4 + 400k PS3, 450k PSV + PSP)

DerNebel said:

They have quadrupled operating profit projections for next year, yes.

And the loss recorded this year is also about $500m smaller than initially projected I think.

Nope, Sony previously projected to lose $2.2 billion, so their initial projection was twice the actual loss.



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Well, ps4 price cut in 2015 is now confirmed. Sony have a forecast to sell more ps4 units, but less money coming in and less profit. PRICE CUT CONFIRMED. You heard it here first.



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Well... of course good sales, but damn... i expect MUCH more for PS4... O.o
Also: XB360 > PS3 again...



Did they throw the bulk of morpheus R&D into this quarter so the next FY won't be so affected, making the final quarter negative for Game Division? But the important thing is all the divisions expected to make a positive operating income for the year have done so, Including TV, and sufficient to overcome the negative operating income from the divisions expected to post losses for the year.

Mobile has had a terrible reversal.

Forecasting a reduced income for game with an increased shipments of PS4. Drop in other hardware plus price cut for PS4 will account for that.



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Dr.Vita said:
ethomaz said:
Dr.Vita said:
Is PS Vita overtracked on this site?

Last time I checked it was undertracked but it was months ago... maybe adjustments happened.


450k PS Vita sold. 
VGChartz says that it sold 530k by now in 2015. 

Don't understand it...

Is not overtracked.

That is the source that in 2014 Vita was over-shipped by Sony (probabily because the PSV TV coming).

So, yeah, the PSVita numbers for 2014 seem now correct, around 2,500,000 in 2014.

Also, Vita is at +400,000, not 450,000 (because PSP).



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sales2099 said:
DerNebel said:

Dude, seriously? Try harder please, the loss for this fiscal year was known for ages.

Seriously. While you assure me that Sony would post a loss is like expecting the sun to set at night, I actually thought things were turning around (I honestly thought < $500m loss).

I was reading they increased profit projections. Must have been for FY2015. My bad.

What seems to be confusing you, and others, is operating profit vs net profit. Sony has been making operating profits (positive cashflow) for quite a while now. But net profit has remained negative because of accounting write offs, depreciations, etc that are not the standard cash-in / cash out type of thing. You will see that for the financial year 2013 and 2014 the operating income (cash in minus operating expenses) and income before taxes are both positive and fairly healthy. But the net income attributable to shareholders is negative by a substantial amount because there are large non-operating costs that are being accounted for, a lot of which is the restructuring.

Last year was the final year where losses were projected due to all the crap that's been going on since the GFC. So the real test is this year where Sony is projecting substantial net profits, without selling large one off assets like buildings. We will see how that turns out. Their only negative income they are projecting for this year is mobile phones.



“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell

"When the power of love overcomes the love of power, the world will know peace."

Jimi Hendrix

 

Dr.Vita said:
PS3 > Wii lifetime?

Wii > XB360 > PS3 lifetime



kowenicki said:
These financial results (for the quarter) aren't what I expected. Only profit made in music, movies and financial? How did gaming not make a profit? I'm down south on business so I will take a proper look later.


Restructuring charge of some 7 billion Yen. Without it it would've made a small operating profit.

Just goes to show that while Sony has come a long way, they still have a way to go.



Dr.Vita said:
ethomaz said:
Dr.Vita said:
Is PS Vita overtracked on this site?

Last time I checked it was undertracked but it was months ago... maybe adjustments happened.


450k PS Vita sold. 
VGChartz says that it sold 530k by now in 2015. 

Don't understand it...

No it is even undertracked with china release, you have to considere the 1.4 million shipement last quarter, and for 2014 you have to considere the 2Miliion shipement in the quarter of the ps vita slim release which has been sold in 2014

Psp +ps vita 2013 shipement 4.1 m

Psp +ps vita 2013 shipement 3.3 m

vgchartz psvita 2013 3.1 million 

vgchartz psvita 2014 2.4 million 

so a difference of almost 2 million, psp was discountinued in 2014 --> ~1.8Millon psp shiped in 2013, which is extremly wrong ( 4.1 -1.8= 2.3 for the vita) at best 500k



                                               

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nanzano said:
Dr.Vita said:


450k PS Vita sold. 
VGChartz says that it sold 530k by now in 2015. 

Don't understand it...

No it is even undertracked with china release, you have to considere the 1.4 million shipement last quarter, and for 2014 you have to considere the 2Miliion shipement in the quarter of the ps vita slim release which has been sold in 2014

Psp +ps vita 2013 shipement 4.1 m

Psp +ps vita 2013 shipement 3.3 m

vgchartz psvita 2013 3.1 million 

vgchartz psvita 2014 2.4 million 

so a difference of almost 2 million, psp was discountinued in 2014 --> ~1.8Millon psp shiped in 2013, which is extremly wrong ( 4.1 -1.8= 2.3 for the vita) at best 500k


PSP was discontinued in certain markets, not all (USA in January of 2014, Japan was roughly mid year in 2014, and Europe was later of that year. However since they still list Vita+PSP for most of 2014, means they are still shipping them somewhere). Also discontinue of production doesn't mean they don't have the product to sell. It just means it won't be produced for that market anymore.