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Forums - Sony - Sony Game Division - Q1 Ending Jun 2008 - Profit Projections

I'm expecting losses from SCE for current quarter.
The big question is : will SCE post a gain overall in current FY ?



 “In the entertainment business, there are only heaven and hell, and nothing in between and as soon as our customers bore of our products, we will crash.”  Hiroshi Yamauchi

TAG:  Like a Yamauchi pimp slap delivered by Il Maelstrom; serving it up with style.

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celine said:
I'm expecting losses from SCE for current quarter.
The big question is : will SCE post a gain overall in current FY ?

Probably not, since they're only expecting to start breaking even at the end of the FY.

 



My Mario Kart Wii friend code: 2707-1866-0957

i think its too low,numbners should be higher i beleave



NJ5 said:
celine said:
I'm expecting losses from SCE for current quarter.
The big question is : will SCE post a gain overall in current FY ?

Probably not, since they're only expecting to start breaking even at the end of the FY.

 

But Sony's CFO always said that he expected SCE to turn a profitable year starting this fiscal year if memory doesn't fail me.

 



 “In the entertainment business, there are only heaven and hell, and nothing in between and as soon as our customers bore of our products, we will crash.”  Hiroshi Yamauchi

TAG:  Like a Yamauchi pimp slap delivered by Il Maelstrom; serving it up with style.

celine said:
NJ5 said:
celine said:
I'm expecting losses from SCE for current quarter.
The big question is : will SCE post a gain overall in current FY ?

Probably not, since they're only expecting to start breaking even at the end of the FY.

 

But Sony's CFO always said that he expected SCE to turn a profitable year starting this fiscal year if memory doesn't fail me.

 

I don't remember that part... how long ago was that?

 



My Mario Kart Wii friend code: 2707-1866-0957

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I'm going with a 75 Million dollar loss due to the decreasing sales of the PS2 (HW & SW) and on going losses incurred by PS3 sales



Playing : PC  AOE, DiRT 2, Runes of Magic, Wings of Prey & Planetside 2  

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celine said:
NJ5 said:
celine said:
I'm expecting losses from SCE for current quarter.
The big question is : will SCE post a gain overall in current FY ?

Probably not, since they're only expecting to start breaking even at the end of the FY.

 

But Sony's CFO always said that he expected SCE to turn a profitable year starting this fiscal year if memory doesn't fail me.

 


No.It was said at the beginning of their next FY.

NJ5 said:
celine said:
NJ5 said:
celine said:
I'm expecting losses from SCE for current quarter.
The big question is : will SCE post a gain overall in current FY ?

Probably not, since they're only expecting to start breaking even at the end of the FY.

 

But Sony's CFO always said that he expected SCE to turn a profitable year starting this fiscal year if memory doesn't fail me.

 

I don't remember that part... how long ago was that?

 

"Game, although segment sales are expected to decrease due to the decrease of PS2 unit sales as the console entered its ninth year since launch, profitability of the segment is expected to improve significantly, and we expect to record a profit for the fiscal year versus ¥125 billion loss last fiscal year. The PSP strong performance in the March 2008 fiscal year is expected to continue and PS3 hardware costs are expected to be reduced, while the software lineup is expected to be enhanced." ( Talking about current fiscal year )

http://seekingalpha.com/article/77322-sony-corp-f4q07-qtr-end-03-31-08-earnings-call-transcript?page=4

 

 



 “In the entertainment business, there are only heaven and hell, and nothing in between and as soon as our customers bore of our products, we will crash.”  Hiroshi Yamauchi

TAG:  Like a Yamauchi pimp slap delivered by Il Maelstrom; serving it up with style.

celine said:

"Game, although segment sales are expected to decrease due to the decrease of PS2 unit sales as the console entered its ninth year since launch, profitability of the segment is expected to improve significantly, and we expect to record a profit for the fiscal year versus ¥125 billion loss last fiscal year. The PSP strong performance in the March 2008 fiscal year is expected to continue and PS3 hardware costs are expected to be reduced, while the software lineup is expected to be enhanced." ( Talking about current fiscal year )

http://seekingalpha.com/article/77322-sony-corp-f4q07-qtr-end-03-31-08-earnings-call-transcript?page=4

 

 

Thanks.

That actually makes sense... Considering they made profit in the last holiday quarter, they're probably expecting to do the same this year (without price cuts)... If they start breaking even on PS3 hardware towards the end of the FY, that'd probably net them a slightly profitable fourth quarter too, and they'd erase the losses in the first half of the year.

 



My Mario Kart Wii friend code: 2707-1866-0957

NJ5 said:
celine said:
NJ5 said:
celine said:
I'm expecting losses from SCE for current quarter.
The big question is : will SCE post a gain overall in current FY ?

Probably not, since they're only expecting to start breaking even at the end of the FY.

 

But Sony's CFO always said that he expected SCE to turn a profitable year starting this fiscal year if memory doesn't fail me.

 

I don't remember that part... how long ago was that?

 

Well, they'll definitely have a profitable Q3 08 (holiday), and They'll break even in Q4 so they may or may not have a profitable year.  Depends on how profitable this quarter is.  A small loss (100 million, or a profit will make making a profit this FY very easy.