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Forums - Sales Discussion - FUD debunked :SONY made 126 billion yen in profits last fiscal year

http://www.sony.net/SonyInfo/IR/financial/fr/06q4_sony.pdf

there you go.

as expected SONY made profit last quarter despite losing money from the gaming division.

the profit actually rose 2.2% to 126 billlion yen.

the fiscal year ranged from april 1,2006  to  March 31,2007.

since the PP of ps3 has already dwindled below the break even point expect incomes to rise this quarter from the gaming division.



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If you don't want to talk about the $2 billion record losses of Sony Computer Entertainment you should post this in Off Topic.



Hardcore gaming is a bubble economy blown up by Microsoft's $7 $6 billion losses.

reverie said:
If you don't want to talk about the $2 billion record losses of Sony Computer Entertainment you should post this in Off Topic.

i clearly wrote despite losing money from the gaming division.

as a whole sales rose 13% and profit rose 2% beating SONY's own projections.

Some people could easily be fooled into thinking that SONY actually ended up in a net loss last fiscal year.



Well, in 6 years of the PS2 Sony CE have made cumulative profits of ¥265 billion, while in 1 year of the PS3 they have already lost ¥232 billion. That is how fucked they are. I just thought I'd mention that.



Hardcore gaming is a bubble economy blown up by Microsoft's $7 $6 billion losses.

@ larry Yes and microsoft is still making a profit totally. But as reverie has pointed out their gaiming division is losing a lot of money for the moment. So no FUD is not debunked



 

 

Buy it and pray to the gods of Sigs: Naznatips!

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I guess that's what happens when you don't sell "5 million consoles even without any games".



My Mario Kart Wii friend code: 2707-1866-0957

reverie > I trust you but is it possible to have a source for the "cumulative profits of ¥265 billion" please ? thanks



reverie said:
Well, in 6 years of the PS2 Sony CE have made cumulative profits of ¥265 billion, while in 1 year of the PS3 they have already lost ¥232 billion. That is how fucked they are. I just thought I'd mention that.

ps2 caused SONY 200 billion yen in losses in the 1st year of its launch.

xbox caused MS 7 billion USD in losses till date.

the 2 billion in losses accounts for the high R&D of Cell and BD player.

atleast read the report.

It says fiscal year starting from April 1,2006 and ending at 31 march,2007 .

reverie :-check SONY's official website for annual earnings.

 



My god I can't believe I'm doing this but I am actually going to agree with larry on this one. SONY is not in trouble, they make money, the gaming division lost money, but the PS2 didn't become profitable until the 3rd or 4th year from what I can recall. Just because they are losing now doesn't mean anything they aren't going anywhere this sounds like people down talking the PS2 against the Dreamcast... that didn't happen. YES it's COMPLETELY different this time, (although 360 reminds me SO much of Dreamcast) but Sony isn't going anywhere. Sorry.



titibgosse,

Sure, just click through the Annual Reports of 2001 to 2006. http://www.sony.net/SonyInfo/IR/financial/ar/2006/index.html

 

larry,

Not true. Sony CE lost only ¥51 billion in fiscal 2000 (Annual Report of 2001), the first year of the PS2 era. MS losses are as you described, but don't matter here because the Xbox is not a successful business Sony should copy.



Hardcore gaming is a bubble economy blown up by Microsoft's $7 $6 billion losses.