Tag Archives: loss

PlayStation division on the up

Sony’s Networked Products and Services division, the home of its PlayStation business, has recorded an operating profit of YEN 35.6bn (267m) for the fiscal year ending March 31st. In the same period last year the Division reported a YEN 83.3bn loss. Sales grew slightly to YEN 1,572bn (12bn). PS3 hardware …

Read More »

Greek data loss confirmed by Sony

Sony has confirmed reports of a security breach on some of its Greek Sony Music Entertainment sites. "Sony Music Entertainment Greece learned late Sunday about a data breach involving certain Sony Music Greece websites," a statement read. "These sites, which were artist websites allowing fans to sign up for newsletters, …

Read More »

Sony warns of full-year loss

PlayStation platform holder Sony has warned investor’s that this week’s full year financial report will fall dramatically short of previous expectations. AP reports that Sony now expects a YEN 260bn ($3.2bn) loss for the fiscal year ending March 31st. Previously it had forecast a YEN 70bn ($860m) profit for the …

Read More »

Losses mount at THQ

THQ has reported losses of $136.1m for its 2011 financial year. This is significantly more than the $9m loss posted for fiscal 2010. Revenue was down year-on-year from $899.1m to $665.3m. The company’s Q4 was more successful, however, thanks to the release of Homefront. The shooter has now sold over …

Read More »

Investors buy into EA vision

Publisher EA has reported a net loss of $322m for its Q3 ending December 31st 2010 – a year-on-year increase of nearly 300 per cent. Revenues for the period were down 15 per cent at $1.05bn. However, adjusted non-GAAP numbers are more positive, showing almost a doubling of profits to …

Read More »

BioWare ‘aware’ of ME2 save woes on PS3

Developer BioWare has said it is investigating claims of alleged data loss suffered by some users of Mass Effect 2 on PS3. Some users of the studio’s forums have stated that following the game crashing, upon rebooting the machine their save data has become corrupted. In such a time-intense game …

Read More »

$47m Q2 loss for THQ

Publisher THQ has reported increased losses of $47m for its second quarter ending September 30th. That’s up on the $5.6m loss it registered in the same quarter a year before. Net sales hit $77m, somewhat down on the $101m reported in 2009. Unusually, it was Nintendo’s DS that performed the …

Read More »

Sega Sammy reduces games losses

Japanese publisher Sega Sammy has reduced its gaming losses for the first half of its financial year on the back of strong video games software sales which helped propel the company to record profits. An operating loss for the six months ending September of 1.3bn ($16m) was reported for its …

Read More »

Nintendo reports six-month loss

Platform holder Nintendo has revealed that it has suffered a 2.01bn ($25m) loss for the six months ending September 30th 2010. This compares to a 69.5bn profit in the same period a year before. Operating income fell from 104.4bn to 54.23bn while net sales fell significantly from 548.06bn to 363.16bn. …

Read More »

Kinect priced for profit

Xbox 360 platform holder Microsoft has claimed that it will be selling each 130 Kinect motion camera for a profit. Speaking to The New York Times, Microsoft’s Don Mattrick claimed that the first ever prototype for the device cost $30,000 to manufacture and has in total cost hundreds of millions …

Read More »