So after the expected big loss for the fiscal year we have a good chance to see real return to profit in a sustainable way. That is the really good news.

Wel the holidays are coming and with it the gaming profits will no doubt increase

I think it can.

Btw, I see gaming in 3rd in terms of profit @kowen, with only financial and devices ahead.

It's still a loss... Goodwill exists for a reason, and if there really was that write-off in goodwill you're saying than that means the company was overvalued before...

Btw where can we see the net loss number? I see operating income = -$760m (~85B yen)

Well I'm more used to people talking about straight up profits but I understand now what you mean. I think in terms of just pure profit gaming can top all other segments in the next Q

Yep, not disagreeing with that. Just saying that the underlying performance of Sony is not as bad as the numbers would indicate at face value. Sony have reduced the goodwill of the mobile division to zero, so there can be no further writedowns against mobile in that space. Writedowns in goodwill are not uncommon after acquisitions (which Sony effectively did when they bought out Ericsson's share of Sony Ericsson) as any business worth its salt will try and sell something for more than its worth. In this case Sony paid more for the outstanding share of Sony Ericsson than it now assesses the share was worth, and it has to write down the difference. 

Hell, just chop the loss in half and they would have made a profit for the quarter.

This is a terrible result for Sony. Mobile is pretty much essential if they want to be in consumer electronics. The Z3 is a sweet machine, so I hope that does well for them this quarter. What sony needs to be is the 3rd way in the high end mobile space. I'm clearly in the minority but I think Sony's high end phones are significantly better than Samsung's, and they sell for more or less the same price. I just don;t get the fascination for the galaxy range. Apple I understand because that became a cult of personality with Jobs the great an powerful. But Samsung, where is that coming from?

As much as PS4 is doing great for them, from a consumer devices perspective that's all eggs in one basket and it's only good for a few years of good revenue. And clearly the current suite of profitable divisions isn;t able to carry them.

The pictures for me are broken on the front page. Anybody else?

Anyways, good PlayStation numbers! Does appear to be a bit undertracked on VGC right now.

Huge losses for sony as a whole though o.O Im not sure what they can do to fix it by this point but they need to stop bleeding money.

Woudn't that be pretty expected less than a year into the new generation? Margins on the hardware are going to be tight, so profitability from just selling consoles won't really give good margins until year 2 or even 3. Game has made about a 6% return, translate that into profit margin for a PS4 sale (without a game or PSN+ subscription) in the USA and that's a $24 profit per console. I don't think Sony's getting that kind of margin on each console just yet, and factor in bundling of a game and still keeping that $399 price the margin is pretty much gone, so the profits are coming from elsewhere. Eventually Sony should be able to achieve a reasonable margin per PS4 and that will give Game a good return relative to other divisions.

So the MC division is taking a large write down, which means the loss is not as awful as it looks?