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Join for freeLog inSony Reports Fiscal Year Earnings News
By Gwynne Dixon on 14/05/2008 The Japanese electronics giant has released its earnings report for the fiscal year ending March 31st 2008...
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More on this gameDuring the last fiscal year (ending March 31st 2008), Sony has increased its operating income by 491.9% over the earnings for the previous 2006/07 fiscal year. The operating increase year-on-year was from 71.8 to 374.5 billion Yen (£352 million to £1.837 billion).
Sony reported that an increase in sales, as well as the Yen's depreciation against the Euro, were the main causes of growth. Although the company's game segment did end the year at a loss of 124.5 billion Yen (£610.3 million), this did nevertheless mark an increase in operating income of 107.8 billion Yen (£528.5 million) over the previous year.
The PS3 sold 9.24 million units worldwide during the last financial year for Sony, which brings the console's total worldwide sales since its release to 12.85 million. Sales of PSP units increased by 4.36 million units over the previous fiscal year, selling a total of 13.89 million consoles during 2007/08.
Price reductions to PS3 retail packages were cited as one of the most significant reason for the reduction in losses for Sony's game segment, while impressive PS3 software sales for the fiscal year of 57.9 million units were also seen as a contributory factor.
While the increase in PSP unit sales was mainly attributed to the introduction of a slimmer model, software sales held steady for the portable console year-on-year at around 55 million units.
Although the PS2 bought in impressive sales figures (13.73 million hardware units and 154 million software units), both figures marked a decrease in sales over the previous 2006/07 fiscal year. Hardware sales dipped by 0.98 million units, while software sales saw a significant drop of 39.5 million units.
For the final quarter of fiscal 2007/08, Sony reported an operating loss of 47 billion Yen (£230.3 million), although this still marked an increase of 108.7 billion Yen (£532.7 million) over the same period for the previous fiscal year.
These strides forward for Sony during fiscal 2007/08 have led to the company posting some optimistic forecasts for the forthcoming 2008/09 financial year. The company estimates an operating income of 450 billion Yen (£2.21 billion) overall between April 1st 2008 and March 31st 2009, a 20% increase over 2007/08.
Although Sony forecasts a decrease in sales for its game segment during fiscal 2008/09 (due to PS2 sales ramping down), the company also expects a "positive operating income" due to continued hardware price reductions for the PS3 and an enhanced line-up of software titles for the next-gen console.
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Post CommentAdded:Tue 25th Nov 2008 22:14, Post No: 591
yeah 10 years ago blockbuster diddnt have its blu-ray bundle for £200
Added:Tue 25th Nov 2008 17:15, Post No: 590
hk,mchj,
Added:Tue 25th Nov 2008 14:56, Post No: 589
We've never had it better - go back 10 years ago and then you'd understand and appreciate how good we've got it.
Added:Tue 25th Nov 2008 01:22, Post No: 588
You know what, I'm pissed that there are no choice of colors for PS3 in the UK, it is unfair that we only have the black console. It's not just the japanese or the yanks that may prefer differnet colors I for one would love a gun-metal grey or any other color for that matter. Ps3 in the UK is an expensive piece of kit and we consumers do go out and buy this product so for FCUK sakes................get us some color choices.
The same applies to the Nintendo DSi, this should be released to UK and US at the same time as the Japs get it. Why should we have to wait..............Let's hit Sony and Nintendo where it hurts,.. in their pockets...
There are many people like myself who get pissed of with this but you no what nothing will change unless we boycott buying consoles!!!!
WE SHOULD ALL STOP BUYING GAMING CONSOLES IN THE UK UNTIL WE GET VARIATION IN PRICE, COLOR AND NEW MODEL RELEASES> WE ARE NOT ANY DIFFERENT TO THE JAPS IN THE GAMING RESPECT......
FCUK SONY AND THIER PS3, FCUK NINTENDO AND THEIR DSi... HOORAY TO MS XBOX AND THE CHEAP BLU-RAY PLAYER BEING SOLD IN BLOCKBUSTERS.
Added:Tue 25th Nov 2008 01:22, Post No: 587
You know what, I'm pissed that there are no choice of colors for PS3 in the UK, it is unfair that we only have the black console. It's not just the japanese or the yanks that may prefer differnet colors I for one would love a gun-metal grey or any other color for that matter. Ps3 in the UK is an expensive piece of kit and we consumers do go out and buy this product so for FCUK sakes................get us some color choices.
The same applies to the Nintendo DSi, this should be released to UK and US at the same time as the Japs get it. Why should we have to wait..............Let's hit Sony and Nintendo where it hurts,.. in their pockets...
There are many people like myself who get pissed of with this but you no what nothing will change unless we boycott buying consoles!!!!
WE SHOULD ALL STOP BUYING GAMING CONSOLES IN THE UK UNTIL WE GET VARIATION IN PRICE, COLOR AND NEW MODEL RELEASES> WE ARE NOT ANY DIFFERENT TO THE JAPS IN THE GAMING RESPECT......
FCUK SONY AND THIER PS3, FCUK NINTENDO AND THEIR DSi... HOORAY TO MS XBOX AND THE CHEAP BLU-RAY PLAYER BEING SOLD IN BLOCKBUSTERS.
Added:Tue 25th Nov 2008 01:20, Post No: 586
You know what, I'm pissed that there are no chosice of colors for PS3 in the UK, it is unfair that we only have the black console. It's not just the japanese or the yanks that may prefer differnet colors I for one would love a gun-metal grey or any other color for that matter. Ps3 in the UK is an expensive poece of kit and we consumers do go out and buy this product so for [#@!?] sakes................get us some color choices.
The same applies to the Nintendo DSi, this should be released to UK and US at the same time as the Japs get it. Why should we have to wait..............Let's hit Sony and Nintendo where it hurts,.. in their pockets...
There are many people like myself who get pissed of with this but you no what nothing will change unless we boycott buying consoles!!!!
WE SHOULD ALL STOP BUYING GAMING CONSOLES IN THE UK UNTIL WE GET VARIATION IN PRICE, COLOR AND NEW MODEL RELEASES> WE ARE NOT ANY DIFFERENT TO THE JAPS IN THE GAMING RESPECT......
[#@!?] SONY AND THIER PS3, [#@!?] NINTENDO AND THEIR DSi... HOORAY TO MS XBOX AND THE CHEAP BLU-RAY PLAYER BEING SOLD IN BLOCKBUSTERS.
Added:Sat 22nd Nov 2008 02:22, Post No: 585
14 million users did this koller forget that the psp and ps2 are also on psn, no diddnt think so not so impressive now is it, also this years gonna be a lot different anyone heard there a ression going on and no one has loads of money to throw around, regardless of power or reliability the 360 is the cheapest next gen console but also blockbuster are still selling the blu-ray player including 6 blu-ray videos for £200 making it cost effective to buy that player and a 360 for less that it will cost to buy a ps3 and 6 blu-ray videos (no second hand rubbish either) 360 arcade game=£130 blu-ray player bundle=£200 total=£330, a ps3 6blu-ray videos=£420 making it £90 more expencive with no games with a game bundle pushing the price to around £310 making it £100 more expencive. still think the ps3 is better value for money.
oh and befor you say it i know you will the wifi unit can be bought for £30 and a 60gb hdd can be bought for £50 (i got a 120gb unit for £40 from pc world and it was brand new all thanks to there online price matching with play ect) even when the wifi and hdd are bought its still cheaper than a ps3
Added:Wed 12th Nov 2008 00:05, Post No: 584
lol ive got a good recomendation the ps3 has now lost the battle as 1 of its selling points has been beaten in every way lol. look in blockbuster video stores in the uk you can now buy a blu-ray player with 6 blu-ray films for £199 effectivly making the player cost £80 dont think you can get a ps3 second hand for that price so now the 360 realy does look a lot better than the ps3 (360 60gb modle with the blockbuster blu-ray player is still cheaper than a ps3 lol) GOOD LUCK SONY FAN BOYS YOUR OUT OF LUCK.
Added:Fri 31st Oct 2008 13:02, Post No: 583
Can I get any recommendations for a good 5.1 sound system for a ps3??
Added:Sat 25th Oct 2008 15:39, Post No: 582
Mppnb