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Forums - Sony - Sony Networked Products & Services posts $211M operating profit.

Originally Posted by SNE
Networked Products & Services

Sales increased 1.9% year-on-year (a 3% increase on a local currency basis) to ¥606.1 billion ($6,589 million). This increase was mainly due to higher sales of VAIOTM PCs which experienced increased unit sales in all regions. Sales in the game business decreased primarily as a result of a decrease in unit sales of PlayStation®2 (“PS2”) hardware and software, and PSP® (PlayStation Portable) (“PSP”) hardware. Due to the launch of a new model, approximately 6.5 million units of PlayStation®3 (“PS3”) hardware were sold in the current quarter, compared to approximately 4.5 million units in the prior year’s third quarter. Approximately 4.2 million PSP units were sold in the current quarter, compared to approximately 5.1 million units in the prior year’s third quarter. Approximately 2.1 million PS2 units were sold in the current quarter, compared to approximately 2.5 million units in the prior year’s third quarter.

Operating income of ¥19.4 billion ($211 million) was recorded, an improvement of ¥25.3 billion year-on-year, primarily due to higher VAIO PC sales. In the game business, despite a decrease in PS2 hardware and software unit sales, and PSP hardware unit sales, profitability was relatively unchanged mainly due to an improvement in the cost of PS3 hardware.
Also

3. Results in the B2B & Disc Manufacturing segment are expected to be approximately ¥10 billion less than the October forecast due to continuing difficulties in the business environment.
4. Results in the NPS segment are expected to be approximately ¥5 billion less than the October forecast mainly due to lower than expected results in the game business.
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Mainly due to VAIO PC profitability rather than any of the old SCE making a profit. However nice to see the whole division coming into the black without a helping hand. They will probably not be profitable next quarter due to lower PC sales and lower PSP/PS2 sales as they can be bought heavily as gifts.

For those interested in shipped vs sold:

VGChartz Hardware data for the period 04th Oct 2009 to 02nd Jan 2010:

Shipped: PS3 6.5M, PSP 4.2M, PS2 2.1M

Console PS3 PSP PS2
Total
6,482,134
3,561,958
1,432,242


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PSP didn't drop on software?



glad to hear so...we do need the final numbers yet for the total PS3 console shipment. +6.5 means it shud be around 33.5 mn



can no longer post in a thread saying anything about Sony and the words profitable without this lol

but OT: great news



Sony did say they expected profit from PS3 this year....if I remember correctly they were refering to the end of 2010.

This result may have beaten their expectations.



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Good to hear. All of the big three deserve to profit from what they done for gaming this gen.

Keep up the good work Sony!



MANUELF said:
PSP didn't drop on software?

The overall software shipments forecast was lowered 40 million units from 240 million to 200 million, which is 37 million lower than the previous year. They don't break down each platform anymore.



Anyone can guess. It takes no effort to throw out lots of predictions and have some of them be correct. You are not and wiser or better for having your guesses be right. Even a blind man can hit the bullseye.