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Seece on 15 December 2011
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psrock said:
Seece said:
psrock said:
"Sony has just posted its Q2 earnings report and it doesn't look great as the the electronics multinational blames the Thai floods, a rising Yen and poor sales of TVs and PCs".

I don't see PS3 anywhere.


It's in their PDF, 'strategic PS3 price cutting'


I just read it. 

Sales decreased 12.3% year-on-year (a 7% decrease on a local currency basis) to 779.7 billion yen (10,126 million U.S. dollars). Sales to outside customers decreased 12.4% year-on-year. This was primarily due to a decrease in LCD television sales, reflecting price declines due mainly to deterioration in market conditions in the U.S. and Europe and unfavorable foreign exchange rates, lower PC sales reflecting price competition, a decline in sales of the game business, reflecting a strategic price reduction of PlayStation®3 hardware in advance of the year-end holiday season, as well as a decrease in sales of compact digital cameras resulting from lower unit sales due to a slowdown in market growth and unfavorable foreign exchange rates.

http://www.gamasutra.com/view/news/38323/PS3_Price_Drop_Leads_To_Sony_Q2_Losses.php