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Sony games division records $564m profit

PlayStation 3 hardware sales reach 6.5 million in Q3, software sales up to 57.6 million units

Sony's Networked Products and Services division has reported an operating profit of 45.7 billion ($564m / 348m) for the third quarter ended December 31, off the back of higher sales of PlayStation software and cost reductions on PS3 hardware.

Sales decreased slightly by 6.4 per cent year-on-year to 566.6 billion ($6.995m / 4.318m) for the three months.

During the quarter Sony sold 6.3 million PlayStation 3 units worldwide - slightly down on the 6.5 million it sold in the comparable quarter - bringing financial year to date numbers to 15 million. Sales this year have already outpaced the last full financial year sales of 13 million.

There were 3.6 million PlayStation Portable units sold during the three months, down from 4.2 the previous year, bringing financial year to date numbers to 8 million. PlayStation 2 hardware sales were 2.1 million, the same as Q3 2009.

PlayStation 3 game sales were up significantly by 10 million units, from 47.6 million to 57.6 million, while PSP software also rose to 16.5 million, from 15 million last year. PS2 game sales fell from 11.2 million units to 5.3 million.

Overall the Sony corporation reported a net profit of 72.3 billion ($885.7 m), down due to the strong yen and poor margins on televisions. Sales were down 1.7 per cent to 1.98 trillion.

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Latest comments (8)

Terence Gage Freelance writer 5 years ago
I am consistently amazed that the PS2 is still selling in its millions. It will 11 this year, won't it?

Also, have they released up-to-date sales figures for the PS3 yet? I was interested to see how it was going, seeing as the 360 just passed 50 million units a few weeks ago when previously the two had been very close to one another.
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Zan Toplisek5 years ago
@ Terence: They say it's at 47.9 million
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Christopher Goodno Studying Computer Sciences, University of Maryland5 years ago
@Terence: It's actually much better than I thought it would be

http://www.neogaf.com/forum/showthread.p...
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Show all comments (8)
Aodhan O'Donnell5 years ago
who the hell are buying all those ps2's :P
i was also quite surprised to see just how important sony's game division is to the company's overall profits.
i would be surprised if hardware sales fr the ps3 didn't take a significant boost, i mean the amount of AAA titles coming (especially exclusives) is huge.
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Private Industry 5 years ago
"Only" 2 million PS2`s in one quarter? Don`t know but those sales could be regions like southern america where current gen consoles are crazy expensive.

What exactly is part of that division, if it would be only Playstation that would be SCE.

Probably this year they will end up again with a lose once the NGP launches and the R&D costs come into play.
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Haven Tso Web-based Game Reviewer 5 years ago
The thing is PS2 nowadays are so cheap that maybe a lot of parents are buying them as intro consoles for their kids. There are still a lot of software available for them in the shops. Last I saw when it was on sale, PS2 was selling at AU$99, the same price for a PS3 game. So probably why they are still selling well.
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Rachel Griffiths Studying Graduate Entry Medicine, University of Nottingham5 years ago
I work at Gamestation and PS2 is still very popular, though Game have closed our retro floor and less and less focus is placed on these. The consoles are bought and traded all the time, and the games are still a major part of our second hand business, as someone will only get around 20p for them but they sell anywhere from 99p to 9.99. Many of them are still really good and worth playing, very cheap and can be played on a cheap console (30) - it's an easy way to keep the kids occupied, and also appeals to people going back to older games. We don't get any non-preowned PS2 games anymore though, not sure where Sony are selling these.
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Jim Webb Executive Editor/Community Director, E-mpire Ltd. Co.5 years ago
Werner Nemetz:
"What exactly is part of that division, if it would be only Playstation that would be SCE. "

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It includes SCE, the Vaio product line, mobile products (like Walkman), Sony Media Software and Services and some other smaller stuff too.
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