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Forums - Sony - Sony Q3 - 115 Million loss

Vinniegambini said:
Nsanity said:
Vinniegambini said:

 

Here are the breakdowns for Sony's Q3 results - http://www.sony.net/SonyInfo/IR/financial/fr/12q3_sony.pdf

1. Gaming Division posts 6 million profit

Gaming division is negatively impacted by the ongoing costs related to RD (PS4). As result, Sony posts a rather poor quarter.

2. Sony posts 115 million loss

Ongoing costs from restructuring and its TV business have negatively impacted Sony's third quarter. As a result, Sony posted 115 million loss.

3. Sony expects a net profit for year-end

The ongoing selling of Sony's assets should help offset the losses incurred from Q1-Q3 (over 500 million) based on the selling of the NYC building for over 600 million. Furthermore, Sony claims that their financial business  is one of their strongest pillars moving forward. In the end, Sony expects profits of over 200 million by year-end.

Shipments below:

Oct-Dec

PS3+PS2 = 6.8

PSVITA + PSP = 2.7

Some individual numbers would be nice.

Sadly Sony does not disclose those numbers :(

Is it to please shareholders?



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uh, nvm



Um, there is a 55 page thread with this already



Why is this thread open? Its a duplicate. We already have the earnings results thread.



Turkish said:
Why is this thread open? Its a duplicate. We already have the earnings results thread.

Guess this cuts to the chase, the other thread is more broad?



Xbox: Best hardware, Game Pass best value, best BC, more 1st party genres and multiplayer titles. 

 

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Turkish said:
Why is this thread open? Its a duplicate. We already have the earnings results thread.

The mods are obviously biased against Sony, they want to rub this in Sony Fans faces. How horrible!

(Link to that thread would be nice...)