Sony Q3: PS3 software and hardware up, PSP and PS2 notsomuch
Here’s some data from Sony’s fiscal Q3 earnings and, as predicted, the electronics giant had some positives things to report out of its gaming division. However, like always, with the good comes the bad (and sometimes the ugly). The good: “Due to the launch of a new model, approximately 6.5 million units of PlayStation 3 … hardware were sold in the current quarter, compared to approximately 4.5 million units in the prior year’s third quarter,” reports Sony’s Q3 earnings report. The PS3 Slim continues to drive hardware sales, with its slim new form factor and, more importantly, slim new price tag. Now the bad: “Approximately 4.2 million PSP units were sold in the current quarter, compared to approximately 5.1 million units in the prior year’s third quarter.” And the ugly: “Approximately 2.1 million PS2 units were sold in the current quarter, compared to approximately 2.5 million units in the prior year’s third quarter.”
It’s when you get to the PS2 software sales that things really get ugly. Sony sold 11.2 million PS2 software units, a 62% drop from the same period last year. The bad: The PSP sold 15 million units, a tiny 3% drop from the same period last year. Just like the hardware numbers, the PS3 software numbers are the good: Sony sold over 47.6 million pieces of PS3 software, a lovely 17% jump from the same period last year.
But things aren’t so bad for the beleaguered division. “Despite a decrease in PS2 hardware and software unit sales, as well as PSP hardware unit sales, profitability was relatively unchanged mainly due to an improvement in the cost of PS3 hardware,” Sony reported. Sony’s Q4 forecast predicts more of the same: a “decrease in PS2 hardware and software sales” and “an improvement in PS3 hardware and software profitability.” And that’s how console generations work, boys and girls!
Sony Q3: PS3 software and hardware up, PSP and PS2 notsomuch originally appeared on Joystiq on Thu, 04 Feb 2010 12:00:00 EST. Please see our terms for use of feeds.
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Sony Q3: PS3 software and hardware up, PSP and PS2 notsomuch
Here’s some data from Sony’s fiscal Q3 earnings and, as predicted, the electronics giant had some positives things to report out of its gaming division. However, like always, with the good comes the bad (and sometimes the ugly). The good: “Due to the launch of a new model, approximately 6.5 million units of PlayStation 3 … hardware were sold in the current quarter, compared to approximately 4.5 million units in the prior year’s third quarter,” reports Sony’s Q3 earnings report. The PS3 Slim continues to drive hardware sales, with its slim new form factor and, more importantly, slim new price tag. Now the bad: “Approximately 4.2 million PSP units were sold in the current quarter, compared to approximately 5.1 million units in the prior year’s third quarter.” And the ugly: “Approximately 2.1 million PS2 units were sold in the current quarter, compared to approximately 2.5 million units in the prior year’s third quarter.”
It’s when you get to the PS2 software sales that things really get ugly. Sony sold 11.2 million PS2 software units, a 62% drop from the same period last year. The bad: The PSP sold 15 million units, a tiny 3% drop from the same period last year. Just like the hardware numbers, the PS3 software numbers are the good: Sony sold over 47.6 million pieces of PS3 software, a lovely 17% jump from the same period last year.
But things aren’t so bad for the beleaguered division. “Despite a decrease in PS2 hardware and software unit sales, as well as PSP hardware unit sales, profitability was relatively unchanged mainly due to an improvement in the cost of PS3 hardware,” Sony reported. Sony’s Q4 forecast predicts more of the same: a “decrease in PS2 hardware and software sales” and “an improvement in PS3 hardware and software profitability.” And that’s how console generations work, boys and girls!
Sony Q3: PS3 software and hardware up, PSP and PS2 notsomuch originally appeared on Joystiq on Thu, 04 Feb 2010 12:00:00 EST. Please see our terms for use of feeds.
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Sony Q3: PS3 software and hardware up, PSP and PS2 notsomuch
Here’s some data from Sony’s fiscal Q3 earnings and, as predicted, the electronics giant had some positives things to report out of its gaming division. However, like always, with the good comes the bad (and sometimes the ugly). The good: “Due to the launch of a new model, approximately 6.5 million units of PlayStation 3 … hardware were sold in the current quarter, compared to approximately 4.5 million units in the prior year’s third quarter,” reports Sony’s Q3 earnings report. The PS3 Slim continues to drive hardware sales, with its slim new form factor and, more importantly, slim new price tag. Now the bad: “Approximately 4.2 million PSP units were sold in the current quarter, compared to approximately 5.1 million units in the prior year’s third quarter.” And the ugly: “Approximately 2.1 million PS2 units were sold in the current quarter, compared to approximately 2.5 million units in the prior year’s third quarter.”
It’s when you get to the PS2 software sales that things really get ugly. Sony sold 11.2 million PS2 software units, a 62% drop from the same period last year. The bad: The PSP sold 15 million units, a tiny 3% drop from the same period last year. Just like the hardware numbers, the PS3 software numbers are the good: Sony sold over 47.6 million pieces of PS3 software, a lovely 17% jump from the same period last year.
But things aren’t so bad for the beleaguered division. “Despite a decrease in PS2 hardware and software unit sales, as well as PSP hardware unit sales, profitability was relatively unchanged mainly due to an improvement in the cost of PS3 hardware,” Sony reported. Sony’s Q4 forecast predicts more of the same: a “decrease in PS2 hardware and software sales” and “an improvement in PS3 hardware and software profitability.” And that’s how console generations work, boys and girls!
Sony Q3: PS3 software and hardware up, PSP and PS2 notsomuch originally appeared on Joystiq on Thu, 04 Feb 2010 12:00:00 EST. Please see our terms for use of feeds.
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Sony Q3: PS3 software and hardware up, PSP and PS2 notsomuch
Here’s some data from Sony’s fiscal Q3 earnings and, as predicted, the electronics giant had some positives things to report out of its gaming division. However, like always, with the good comes the bad (and sometimes the ugly). The good: “Due to the launch of a new model, approximately 6.5 million units of PlayStation 3 … hardware were sold in the current quarter, compared to approximately 4.5 million units in the prior year’s third quarter,” reports Sony’s Q3 earnings report. The PS3 Slim continues to drive hardware sales, with its slim new form factor and, more importantly, slim new price tag. Now the bad: “Approximately 4.2 million PSP units were sold in the current quarter, compared to approximately 5.1 million units in the prior year’s third quarter.” And the ugly: “Approximately 2.1 million PS2 units were sold in the current quarter, compared to approximately 2.5 million units in the prior year’s third quarter.”
It’s when you get to the PS2 software sales that things really get ugly. Sony sold 11.2 million PS2 software units, a 62% drop from the same period last year. The bad: The PSP sold 15 million units, a tiny 3% drop from the same period last year. Just like the hardware numbers, the PS3 software numbers are the good: Sony sold over 47.6 million pieces of PS3 software, a lovely 17% jump from the same period last year.
But things aren’t so bad for the beleaguered division. “Despite a decrease in PS2 hardware and software unit sales, as well as PSP hardware unit sales, profitability was relatively unchanged mainly due to an improvement in the cost of PS3 hardware,” Sony reported. Sony’s Q4 forecast predicts more of the same: a “decrease in PS2 hardware and software sales” and “an improvement in PS3 hardware and software profitability.” And that’s how console generations work, boys and girls!
Sony Q3: PS3 software and hardware up, PSP and PS2 notsomuch originally appeared on Joystiq on Thu, 04 Feb 2010 12:00:00 EST. Please see our terms for use of feeds.
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PSA: Scrub your gaming console’s memory before selling
Usually, when we label a headline as a “PSA,” it’s in a joking manner; say, “PSA: Bacon is delicious, good for you.” However, we’re pretty sure this post constitutes a legitimate public service announcement: Ars Technica recently published an article that the frequent trade-in-ers among us should probably read. In short, if you’re not erasing your consoles’ hard drives before trading them in, there’s a pretty good chance you could be robbed blind. (Or at least robbed astigmatic.)
Seriously, if you’re thinking about trading in or pawning one of your gaming consoles sometime soon, follow the helpful tips provided in the Ars piece. They’ll ensure that you don’t accidentally leave your credit card information in the system’s memory for its next owner to exploit. You also don’t want to leave your Avatar, Mii or PlayStation Home account on there, either. That’s how e-stalkers get started, donchaknow.
PSA: Scrub your gaming console’s memory before selling originally appeared on Joystiq on Thu, 21 Jan 2010 16:00:00 EST. Please see our terms for use of feeds.
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PSA: Scrub your gaming console’s memory before selling
Usually, when we label a headline as a “PSA,” it’s in a joking manner; say, “PSA: Bacon is delicious, good for you.” However, we’re pretty sure this post constitutes a legitimate public service announcement: Ars Technica recently published an article that the frequent trade-in-ers among us should probably read. In short, if you’re not erasing your consoles’ hard drives before trading them in, there’s a pretty good chance you could be robbed blind. (Or at least robbed astigmatic.)
Seriously, if you’re thinking about trading in or pawning one of your gaming consoles sometime soon, follow the helpful tips provided in the Ars piece. They’ll ensure that you don’t accidentally leave your credit card information in the system’s memory for its next owner to exploit. You also don’t want to leave your Avatar, Mii or PlayStation Home account on there, either. That’s how e-stalkers get started, donchaknow.
PSA: Scrub your gaming console’s memory before selling originally appeared on Joystiq on Thu, 21 Jan 2010 16:00:00 EST. Please see our terms for use of feeds.
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PSA: Scrub your gaming console’s memory before selling
Usually, when we label a headline as a “PSA,” it’s in a joking manner; say, “PSA: Bacon is delicious, good for you.” However, we’re pretty sure this post constitutes a legitimate public service announcement: Ars Technica recently published an article that the frequent trade-in-ers among us should probably read. In short, if you’re not erasing your consoles’ hard drives before trading them in, there’s a pretty good chance you could be robbed blind. (Or at least robbed astigmatic.)
Seriously, if you’re thinking about trading in or pawning one of your gaming consoles sometime soon, follow the helpful tips provided in the Ars piece. They’ll ensure that you don’t accidentally leave your credit card information in the system’s memory for its next owner to exploit. You also don’t want to leave your Avatar, Mii or PlayStation Home account on there, either. That’s how e-stalkers get started, donchaknow.
PSA: Scrub your gaming console’s memory before selling originally appeared on Joystiq on Thu, 21 Jan 2010 16:00:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
PSA: Scrub your gaming console’s memory before selling
Usually, when we label a headline as a “PSA,” it’s in a joking manner; say, “PSA: Bacon is delicious, good for you.” However, we’re pretty sure this post constitutes a legitimate public service announcement: Ars Technica recently published an article that the frequent trade-in-ers among us should probably read. In short, if you’re not erasing your consoles’ hard drives before trading them in, there’s a pretty good chance you could be robbed blind. (Or at least robbed astigmatic.)
Seriously, if you’re thinking about trading in or pawning one of your gaming consoles sometime soon, follow the helpful tips provided in the Ars piece. They’ll ensure that you don’t accidentally leave your credit card information in the system’s memory for its next owner to exploit. You also don’t want to leave your Avatar, Mii or PlayStation Home account on there, either. That’s how e-stalkers get started, donchaknow.
PSA: Scrub your gaming console’s memory before selling originally appeared on Joystiq on Thu, 21 Jan 2010 16:00:00 EST. Please see our terms for use of feeds.
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Sony still loses about $40 on every PS3 Slim sold
Well, except make money. Three years after the launch of the original PS3, Sony has yet to profit from the hardware. It’s getting close, though. The redesigned slim PlayStation 3 is smaller — and thanks to the passage of time — much cheaper to manufacture than the launch models, which lost Sony over $200 with each unit sold. According to iSuppli’s teardown analysis, a current PS3 system costs $336.27 to make, about $500 cheaper than the first batch of consoles. With the system retailing for $300, Sony is still incurring at least a $40 loss per system, when you account for marketing and other additional costs. (This also means that Sony lost about $17.6 million over Black Friday week on PS3 hardware sales.)
The single most expensive component to the system is still Sony’s proprietary Blu-ray disc drive, which is estimated to cost about $66 to make. Other components have dropped significantly in price thanks to a switch from 65nm conductors to 45nm. The end result is a far more power-efficient system that requires less power and cooling technologies. “In light of these factors, the PlayStation 3 probably is already at or near the tipping point for profitability,” iSuppli’s Andrew Rassweiler added. So, if for some reason you need Sony Corp to lose money, you better rush and buy a PS3 now before they make those things profitable!
[Via CNET]
Sony still loses about $40 on every PS3 Slim sold originally appeared on Joystiq on Fri, 11 Dec 2009 20:15:00 EST. Please see our terms for use of feeds.
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Sony still loses about $40 on every PS3 Slim sold
Well, except make money. Three years after the launch of the original PS3, Sony has yet to profit from the hardware. It’s getting close, though. The redesigned slim PlayStation 3 is smaller — and thanks to the passage of time — much cheaper to manufacture than the launch models, which lost Sony over $200 with each unit sold. According to iSuppli’s teardown analysis, a current PS3 system costs $336.27 to make, about $500 cheaper than the first batch of consoles. With the system retailing for $300, Sony is still incurring at least a $40 loss per system, when you account for marketing and other additional costs. (This also means that Sony lost about $17.6 million over Black Friday week on PS3 hardware sales.)
The single most expensive component to the system is still Sony’s proprietary Blu-ray disc drive, which is estimated to cost about $66 to make. Other components have dropped significantly in price thanks to a switch from 65nm conductors to 45nm. The end result is a far more power-efficient system that requires less power and cooling technologies. “In light of these factors, the PlayStation 3 probably is already at or near the tipping point for profitability,” iSuppli’s Andrew Rassweiler added. So, if for some reason you need Sony Corp to lose money, you better rush and buy a PS3 now before they make those things profitable!
[Via CNET]
Sony still loses about $40 on every PS3 Slim sold originally appeared on Joystiq on Fri, 11 Dec 2009 20:15:00 EST. Please see our terms for use of feeds.
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Top 10 Best Selling Games
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