Newsflash Signup

Buy now at Zavvi.com
Activision

NEWS

Subscribe to NEWS RSS Feeds
Next ArticleNamco unveils DS piano peripheralNext ArticleHMV CEO Simon Fox to quit?
Thursday, 30th July 2009 at 10:35 am

PlayStation revenues down 18%

by Ben Parfitt | Email a friend | Print
5 comments
Bookmark with Social network
PlayStation revenues down 18%

PS2 is the only Sony machine to see year-on-year sales rises for quarter ending June 30th

Sony has joined fellow platform holder Nintendo is posting year-on-year sales declines for its financial quarter ending June 30th, with revenues in its PlayStation business down 18 per cent year-on-year.

Revenues for the recently formed Network Product and Services Division, which houses both the PlayStation business and its Walkman operations, suffered an annual sales decline of 37.4 per cent.

Surprisingly, the ever-popular PS2 was Sony’s only machine to enjoy a year-on-year sales increase, with its 1.6m unit sales up on the 1.5m units shifted in the same period in 2008. That it outsold PS3 is certainly notable.

Both PS3 and PSP saw annual sales declines in the period, with the home console selling 1.1m units (down from 1.6m last year) and the handheld 1.3m units (down from 3.6m).

The firm blamed the numbers on the rising value of the Yen.

Advertisement

Tags: 2009, 2010, decline, playstation, profits, ps2, ps3, psp, q1, revenue, sony
news Archive

How on earth?

posted by Allan Jul 30, 2009 at 12:48 pm
1
Allan

How on earth can they blame falling UNIT sales on the High Yen as well?

  • + 0 
  • - 0 
  • = 0

RE: How on earth?

posted by Marc Jul 30, 2009 at 1:00 pm
2
Marc

I'm inclined to agree with you on this one Allan. The only way the high Yen could be to blame is if has kept the build price of the PS3 high.

Sure, it might have contributed towards it, but the real culprit is the extortionate £300 price tag, especially in the current climate.

  • + 0 
  • - 0 
  • = 0

Re: How On Earth

posted by AH Jul 30, 2009 at 1:05 pm
3
AH

I am wondering how on earth there revenues will improve when you consider the price point of both the PSP GO & PS3

  • + 0 
  • - 0 
  • = 0

news just in...

posted by tom Jul 31, 2009 at 12:47 pm
4
tom

it was reported to day that the production costs of the PS3 are pointing towards a price cut later this year. possibly.
if that's the case then the fact they are going to carry on supporting the PSP3000 they should see an improvement.
what we can't say at this point tho is whether that'll mean profit or just a decrease in losses.

the PSPGO is crazy expensive, personally i smell another death in the PS family.

  • + 0 
  • - 0 
  • = 0

Leave a Comment

HOT TOPICS

Religious leaders slam Modern Warfare 2 130

Microsoft hails its ‘killer weapon’ in battle with PS3 and Wii 36

Russia pulls Modern Warfare 2 from sale? 16

The Hut rebuffs AC2 date break claims 14

MW2 sales pass $550m worldwide 13

The Producers pulls out of Trilogy partnership 11

60% of UK 360s have failed 11

Xbox Live class action begins 10

Facebook hitting PS3 today 8

Call of Duty inspires new retailers 6

RELATED STORIES

NPD: Sony silent after January losses 1

E3 08: Sony roundup 1

NPD: Sales growth continues for PS3 1

NPD: Sony hails ‘continued momentum’ for PlayStation brand 1

PlayStation sales drop 32% 2

PS3 sales up 10 per cent year-on-year 1

NPD: DS dominates hardware market 1

Gran Turismo 5 to miss 2009 7

Harrison: PS3 “the biggest product launch ever” 1

SingStar hits a six 1

Activision
MCV

ABOUT US

MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

news now
Google news
Yahoo news
Intent media, Company number 03641099