By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Sony - Sony Q1 numbers: 24.6 Billion yen loss (314 million dollars), cuts yearly forcasts

Euphoria14 on 02 August 2012
TWRoO said:
zumnupy10 said:

US$ 24 billion dollar loss ? is that right ?

I'm pretty sure the $45m loss was caused by PSV sales.

I find hard to believe that PS3 is still being sold at loss.

Where does it say that?


He is assuming the total loss is $24b US dollars, so he probably thinks PS3 is still being sold at a big time loss.

 

Misleading titles can have that effect.



iPhone = Great gaming device. Don't agree? Who cares, because you're wrong.

Currently playing:

Final Fantasy VI (iOS), Final Fantasy: Record Keeper (iOS) & Dragon Quest V (iOS)     

    

Got a retro room? Post it here!

Around the Network
silicon on 02 August 2012

Didn't they buy that video / game streaming service?



TWRoO on 02 August 2012
Euphoria14 said:
TWRoO said:
zumnupy10 said:

US$ 24 billion dollar loss ? is that right ?

I'm pretty sure the $45m loss was caused by PSV sales.

I find hard to believe that PS3 is still being sold at loss.

Where does it say that?

He is assuming the total loss is $24b US dollars, so he probably thinks PS3 is still being sold at a big time loss.

Misleading titles can have that effect.

I think he knows the 24b is wrong, he got the $45m gaming division loss correct.



Train wreck on 02 August 2012
silicon said:
Didn't they buy that video / game streaming service?

They did but that will be reflected in this quarters numbers



Euphoria14 on 02 August 2012
TWRoO said:
Euphoria14 said:
TWRoO said:
zumnupy10 said:

US$ 24 billion dollar loss ? is that right ?

I'm pretty sure the $45m loss was caused by PSV sales.

I find hard to believe that PS3 is still being sold at loss.

Where does it say that?

He is assuming the total loss is $24b US dollars, so he probably thinks PS3 is still being sold at a big time loss.

Misleading titles can have that effect.

I think he knows the 24b is wrong, he got the $45m gaming division loss correct.

Only explaination I have then is, well... err... I've got nothing.



iPhone = Great gaming device. Don't agree? Who cares, because you're wrong.

Currently playing:

Final Fantasy VI (iOS), Final Fantasy: Record Keeper (iOS) & Dragon Quest V (iOS)     

    

Got a retro room? Post it here!

Around the Network
Euphoria14 on 02 August 2012
kowenicki said:
Euphoria14 said:
Saw thread title and thought "Holy hell! That is what Stringer finds stimulating?!"

Then I see that it is NOT dolars and instead it is Yen.


Change that title, lol.


Still very, very far from stimulating, yoy is massively down.

Let me illustrate;

Sony Corp achieved the same revenue as last year for the quarter and yet operating income down 77%.

thats is staggering!

Gaming achived a 14% drop in revenue in a period when a new console was available.

Well, it's still stimulating when you realize it isn't $24.6b US dollars.



iPhone = Great gaming device. Don't agree? Who cares, because you're wrong.

Currently playing:

Final Fantasy VI (iOS), Final Fantasy: Record Keeper (iOS) & Dragon Quest V (iOS)     

    

Got a retro room? Post it here!

silicon on 02 August 2012
Train wreck said:
silicon said:
Didn't they buy that video / game streaming service?

They did but that will be reflected in this quarters numbers

So no effect on these numbers?



Train wreck on 02 August 2012
kowenicki said:

found this in the accounts: FY forecast:

Game

Primarily due to the lowering of the annual unit sales forecast for portable hardware, sales are expected to be
significantly lower than the May forecast. Due to the above-mentioned decrease in sales and the impact of
unfavorable exchange rates, operating income is expected to be significantly below the May forecast. Sales are
expected to be essentially flat and operating income is expected to decrease significantly year-on-year.

 

So they expect no change ion revenue in come but a massive drop in any operaring income and as a result any potential profits.

Makes sense with the upcoming ps3 and vita price drops, the volume sold will be higher but since they are selling for less, less operating income.



Train wreck on 02 August 2012
silicon said:
Train wreck said:
silicon said:
Didn't they buy that video / game streaming service?

They did but that will be reflected in this quarters numbers

So no effect on these numbers?

Since they paid for it in cash, I dont see any impact on the numbers outside the normal higher expense (adding more employees to your payroll)



Faxanadu on 02 August 2012

No Japanes companies do FX hedging?



Any message from Faxanadu is written in good faith but shall neither be binding nor construed as constituting a commitment by Faxanadu except where provided for in a written agreement signed by an authorized representative of Faxanadu. This message is intended for the use of the forum members only.

The views expressed here may be personal and/or offensive and are not necessarily the views of Faxanadu.