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Forums - Sony - Sony Q2 FY2011 Earnings (PS3 3.7m / PSP 1.7m / PS2 1.2m)

BHR-3 on 02 November 2011

i was told by the stars that if i built it, it would come. . . so i did

http://gamrconnect.vgchartz.com/thread.php?id=117165



                                                             

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thismeintiel on 02 November 2011
kowenicki said:
SOLIDSNAKE08 said:
sony have been bleeding money for years now and they're still here! get over it people!!

Sony Corp profit/loss history:


1996: Profit

1997: Profit

1998: Profit

1999: Profit

2000: Profit

2001: Profit

2002: Profit

2003: Profit

2004: Profit

2005: Profit

2006: Profit

2007: Profit

2008: Profit (record profits)

2009: Loss

2010: Loss

So its actually a relatively recent phenomenon and they had record profits as recently as 2008.

Thankfully, Sony, unlike their "fans", realise that they need to do something different. 

They are cutting deep, restructuring and trying a different way.  They understand that a lot of their business practices and models no longer work.

I highly doubt any fan would disagree that they need to do something different.  However, the last couple years that has nothing to do with the PS3, something this website focusses on.  It's mainly their lower LCD TV and laptop sales, coupled with a horrible exchange rate for the dollar and euro against the yen, that is the reason for the losses.



 

NYANKS on 02 November 2011
thismeintiel said:
Yakuzaice said:

PS2 did 1.2 million, beating the DS.  The King marches on.

So, the PS2 has a ~4.4 million lead on the DS still.  I starting to doubt if the DS is ever going to outsell the PS2, especially with the DS slowly dying out in Japan.  It also means that VGC must be slightly undertracking the PS2 still.

They're not undertracking a little, most people seem to agree it's a few million undertracked, but ioi has said he doesn't know where to place the sales, so he just doesn't. 



hudsoniscool on 02 November 2011
thismeintiel said:
kowenicki said:
SOLIDSNAKE08 said:
sony have been bleeding money for years now and they're still here! get over it people!!

Sony Corp profit/loss history:


1996: Profit

1997: Profit

1998: Profit

1999: Profit

2000: Profit

2001: Profit

2002: Profit

2003: Profit

2004: Profit

2005: Profit

2006: Profit

2007: Profit

2008: Profit (record profits)

2009: Loss

2010: Loss

So its actually a relatively recent phenomenon and they had record profits as recently as 2008.

Thankfully, Sony, unlike their "fans", realise that they need to do something different. 

They are cutting deep, restructuring and trying a different way.  They understand that a lot of their business practices and models no longer work.

I highly doubt any fan would disagree that they need to do something different.  However, the last couple years that has nothing to do with the PS3, something this website focusses on.  It's mainly their lower LCD TV and laptop sales, coupled with a horrible exchange rate for the dollar and euro against the yen, that is the reason for the losses.

ya i agree. 4 or 5 billion dollar loss on 1 product isnt very much.



Halo MCC will sell 5+ million copies(including digital)

halo 5 will sell 10 million copies(including digital)

x1 will pass ps4 in USA, and UK.

thismeintiel on 02 November 2011
hudsoniscool said:
thismeintiel said:
kowenicki said:
SOLIDSNAKE08 said:
sony have been bleeding money for years now and they're still here! get over it people!!

Sony Corp profit/loss history:


1996: Profit

1997: Profit

1998: Profit

1999: Profit

2000: Profit

2001: Profit

2002: Profit

2003: Profit

2004: Profit

2005: Profit

2006: Profit

2007: Profit

2008: Profit (record profits)

2009: Loss

2010: Loss

So its actually a relatively recent phenomenon and they had record profits as recently as 2008.

Thankfully, Sony, unlike their "fans", realise that they need to do something different. 

They are cutting deep, restructuring and trying a different way.  They understand that a lot of their business practices and models no longer work.

I highly doubt any fan would disagree that they need to do something different.  However, the last couple years that has nothing to do with the PS3, something this website focusses on.  It's mainly their lower LCD TV and laptop sales, coupled with a horrible exchange rate for the dollar and euro against the yen, that is the reason for the losses.

ya i agree. 4 or 5 billion dollar loss on 1 product isnt very much.

You do realise they have already started making profit on the PS3 as of like a year or so ago, so your statement holds no weight anymore as it does not affect this quarter's reported loss.  Of course, I could bring up that the original Xbox lost the same amount for MS.  Or how for the first few years, the 360 division was in the red by a few billion.  Or the real shocker, the division that holds the 360 has yet to come out of the red since the release of the original Xbox. 



 

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thismeintiel on 02 November 2011
NYANKS said:
thismeintiel said:
Yakuzaice said:

PS2 did 1.2 million, beating the DS.  The King marches on.

So, the PS2 has a ~4.4 million lead on the DS still.  I starting to doubt if the DS is ever going to outsell the PS2, especially with the DS slowly dying out in Japan.  It also means that VGC must be slightly undertracking the PS2 still.

They're not undertracking a little, most people seem to agree it's a few million undertracked, but ioi has said he doesn't know where to place the sales, so he just doesn't. 

I didn't really mean overall, but recently.  Just going by July-Sept month's PS2 sales in comparison to the DS's numbers.  Even though the PS2 outshipped the DS, VGC has the DS outselling by ~1.04 mil for those 3 months.  While I realize there should be a little difference between shipped and sold, as well as other small variables coming from the previous quarter's shipment, I can see no possible way it would lead to the DS outselling the PS2 by over 1 million units.



 

gamelover2000 on 03 November 2011
kowenicki said:
thismeintiel said:
kowenicki said:
SOLIDSNAKE08 said:
sony have been bleeding money for years now and they're still here! get over it people!!

Sony Corp profit/loss history:


1996: Profit

1997: Profit

1998: Profit

1999: Profit

2000: Profit

2001: Profit

2002: Profit

2003: Profit

2004: Profit

2005: Profit

2006: Profit

2007: Profit

2008: Profit (record profits)

2009: Loss

2010: Loss

So its actually a relatively recent phenomenon and they had record profits as recently as 2008.

Thankfully, Sony, unlike their "fans", realise that they need to do something different. 

They are cutting deep, restructuring and trying a different way.  They understand that a lot of their business practices and models no longer work.

I highly doubt any fan would disagree that they need to do something different.  However, the last couple years that has nothing to do with the PS3, something this website focusses on.  It's mainly their lower LCD TV and laptop sales, coupled with a horrible exchange rate for the dollar and euro against the yen, that is the reason for the losses.

Well , to be honest... yes and no.  But this is a thread about Sony financials and the poster said that Sony have been making losses for years, I was just clarifying. 

Having said that I think all sony and PS3 fans should be concerned about the parent company struggling.

Sony is in no way struggling. Believe it or not but a billion dollars to these companies means far from going bankrupt. They own SO much money.

 

Sony is already pushing trough hard restructuring in most of their divisions (splitting up the TV division in 3 parts and closing the one that's bleeding money), they bought out Ericcson for 1.4 billion USD (no money??).

 

Sony has restructured in 2008 and it was for the better (playstation division at the time) I think this restructure will also be good for the company.



Currently playing: MAG, Heavy Rain, Infamous

 

Getting Plat trophies for: Heavy Rain, Infamous, RE5,  Burnout and GOW collection once I get it.

 

Zlejedi on 03 November 2011
NYANKS said:
thismeintiel said:
Yakuzaice said:

PS2 did 1.2 million, beating the DS.  The King marches on.

So, the PS2 has a ~4.4 million lead on the DS still.  I starting to doubt if the DS is ever going to outsell the PS2, especially with the DS slowly dying out in Japan.  It also means that VGC must be slightly undertracking the PS2 still.

They're not undertracking a little, most people seem to agree it's a few million undertracked, but ioi has said he doesn't know where to place the sales, so he just doesn't. 


And as always that's laughtable excuse as it never stopped him from doing the same for DS or Wii.



PROUD MEMBER OF THE PSP RPG FAN CLUB

NYANKS on 03 November 2011
Zlejedi said:
NYANKS said:
thismeintiel said:
Yakuzaice said:

PS2 did 1.2 million, beating the DS.  The King marches on.

So, the PS2 has a ~4.4 million lead on the DS still.  I starting to doubt if the DS is ever going to outsell the PS2, especially with the DS slowly dying out in Japan.  It also means that VGC must be slightly undertracking the PS2 still.

They're not undertracking a little, most people seem to agree it's a few million undertracked, but ioi has said he doesn't know where to place the sales, so he just doesn't. 


And as always that's laughtable excuse as it never stopped him from doing the same for DS or Wii.

Do you mean my reasoning is laughable or ioi's? Because he's stated this



Zlejedi on 03 November 2011
NYANKS said:
Zlejedi said:
NYANKS said:
thismeintiel said:
Yakuzaice said:

PS2 did 1.2 million, beating the DS.  The King marches on.

So, the PS2 has a ~4.4 million lead on the DS still.  I starting to doubt if the DS is ever going to outsell the PS2, especially with the DS slowly dying out in Japan.  It also means that VGC must be slightly undertracking the PS2 still.

They're not undertracking a little, most people seem to agree it's a few million undertracked, but ioi has said he doesn't know where to place the sales, so he just doesn't. 


And as always that's laughtable excuse as it never stopped him from doing the same for DS or Wii.

Do you mean my reasoning is laughable or ioi's? Because he's stated this

ioi of course



PROUD MEMBER OF THE PSP RPG FAN CLUB