I agree about no fanboy crap, but no matter how you cut it, it's not good for Sony, I'm pretty confident SNE stock will take a hit tomorrow and maybe Friday as well

Sorry but remember all the sony pr saying they would be profitable in march 2009.....guess not

NOT EVEN CLOSE!!

The ps3 has NEVER made a profit in its entire existence.....and the trend will continue even with the release of KZ2.

I expect heads to roll at sony hq

My memory might be tricking me, but I think the analysts' expectations were for the operating loss, not the net loss.

The operating loss was $2.38 billion.

no it's not good for Sony.

However, it's a lot better than some were expecting.

I'm hoping people don't panic sell the stock, there's no real cause for alarm; quite the opposite in the short term imo as these results seem pretty much as Sony said they would be iirc

Just google Sony Ericsson buy out rumor or something along those lines, those rumors were fairly recent too (< 2 months).

To be fair, Sony was also rumored to be buying out the rest of MGM late last year and to be buying out the rest of ATV share early last year.

No I don't. refresh my memory with facts, cut the childish bull or GTFO.

@NJ5

I think you might be onto something...

By the way guys, it looks like I pretty much nailed Sony's results for the year in the first post...

I'll have an article with updated shipment figures through March for the big three tommorow.

@spanky - just to clear up your selective memory.

http://www.gamasutra.com/php-bin/news_index.php?story=19463

http://news.vgchartz.com/news.php?id=2701

KAZ HIRAI even expected ps3 to be profitable by APRIL 2008

http://www.afterdawn.com/news/archive/13741.cfm

I strongly believe that Sony is cooking the true loss.

Here are the results of Sonys Gaming division for the last couple of years:

• FY09: $600 million loss
• FY08: $1300 million loss
• FY07: $2400 million loss
• FY06: $90 million profit

In the last 4 years Sony reported a $4.21 billion loss.

We do know that the PS2 was profitable for all the years I listed. The PSP probably was at break even-point in 06 and profitable since then.

So the losses made happened because of the PS3. The losses made with the PS3 are really insane when you think about it. We have $4.21 billion reported, but that is not all. You have to add the profits made with the PSP and the PS2 for 4 years. In the years 03 - 05 Sony reported a combined profit of $2.3 billion USD.

So a total loss of $6 billion just for the PS3 is likely. Think about 6 billion USD for ONE single product. That is huge.