Sony's Playstation Division seeing tremendous losses

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groverslanding

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#1 groverslanding
Member since 2012 • 952 Posts

Originally found in Japanese government "National Printing Bureau" website, the SCE (Sony Computer Entertainment) is reported for having over 94.3 billion Yen deficit in 2011 fiscal year.

http://www.neogaf.com/forum/showthread.php?t=480181

http://kanpou.npb.go.jp/20120626/20120626g00138/pdf/20120626g001380148.pd

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thebest31406

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#2 thebest31406
Member since 2004 • 3775 Posts

Originally found in Japanese government "National Printing Bureau" website, the SCE (Sony Computer Entertainment) is reported for having over 94.3 billion Yen deficit in 2011 fiscal year.

http://www.neogaf.com/forum/showthread.php?t=480181

http://kanpou.npb.go.jp/20120626/20120626g00138/pdf/20120626g001380148.pd

groverslanding
Isn't that like a few hundred dollars? Well, all empires fall eventually and that major waste handheld didn't help.
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phonemug

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#3 phonemug
Member since 2012 • 2224 Posts

[QUOTE="groverslanding"]

Originally found in Japanese government "National Printing Bureau" website, the SCE (Sony Computer Entertainment) is reported for having over 94.3 billion Yen deficit in 2011 fiscal year.

http://www.neogaf.com/forum/showthread.php?t=480181

http://kanpou.npb.go.jp/20120626/20120626g00138/pdf/20120626g001380148.pd

thebest31406

Isn't that like a few hundred dollars? Well, all empires fall eventually and that major waste handheld didn't help.

1.2 billion

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Blake135

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#5 Blake135
Member since 2008 • 3994 Posts
Better topic: If you could have a tail would you? Such as a monkey tail you could hang off things, personally...I would.
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Black_Knight_00

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#6 Black_Knight_00
Member since 2007 • 78 Posts
That's because of the poor PS Vita sales. PS3 is still going strong and bound to get even better in 2013 with exclusives like The Last of Us, Beyond, God of War Ascension and possibly the announcement of a new Uncharted.
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CarnageHeart

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#7 CarnageHeart
Member since 2002 • 18316 Posts
That's because of the poor PS Vita sales. PS3 is still going strong and bound to get even better in 2013 with exclusives like The Last of Us, Beyond, God of War Ascension and possibly the announcement of a new Uncharted.Black_Knight_00
Poor Vita sales, the PSN hack, R&D costs of the PS4, the strong yen, the tsunami, etc. Its worth noting that even Nintendo lost money in FY 2011 (granted, only 531 million).
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iHarlequin

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#8 iHarlequin
Member since 2011 • 1928 Posts

That's because of the poor PS Vita sales. PS3 is still going strong and bound to get even better in 2013 with exclusives like The Last of Us, Beyond, God of War Ascension and possibly the announcement of a new Uncharted.Black_Knight_00

The PS3 is hardly going strong, not on the buisness size. LUCKILY, we gamers are still getting the exclusives they'd planned for the next few years.

Sony is in a bad spot overall, and it surely doesn't help that their console AND handheld are failing terribly - the console because it launched at an absurd price, had its online interfaced knocked out for a month, and didn't put out any decent games until a few years had passed since his release. The Vita because it's trying to do something that handheld gamers don't need.

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ydnarrewop

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#9 ydnarrewop
Member since 2004 • 2293 Posts
They are down yes, but they are still a powerhouse. They won't fold any time soon. Let's see what happens next gen.

[QUOTE="Black_Knight_00"]That's because of the poor PS Vita sales. PS3 is still going strong and bound to get even better in 2013 with exclusives like The Last of Us, Beyond, God of War Ascension and possibly the announcement of a new Uncharted.iHarlequin

The PS3 is hardly going strong, not on the buisness size. LUCKILY, we gamers are still getting the exclusives they'd planned for the next few years.

Sony is in a bad spot overall, and it surely doesn't help that their console AND handheld are failing terribly - the console because it launched at an absurd price, had its online interfaced knocked out for a month, and didn't put out any decent games until a few years had passed since his release. The Vita because it's trying to do something that handheld gamers don't need.

I hope they learn from this ^^ :)
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S0lidSnake

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#10 S0lidSnake
Member since 2002 • 29001 Posts

As much as I love my Vita, I still stand by stance that it should've never been made. Unless it also functioned as a phone, there was no way it was going to sell well.

As for the losses, it's due to the bad Vita sales, manufacturing costs for the Vita which is likely over $250 per unit and the biggest reason: PS4 R&D.

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IndianaPwns39

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#11 IndianaPwns39
Member since 2008 • 5037 Posts

[QUOTE="Black_Knight_00"]That's because of the poor PS Vita sales. PS3 is still going strong and bound to get even better in 2013 with exclusives like The Last of Us, Beyond, God of War Ascension and possibly the announcement of a new Uncharted.iHarlequin

The PS3 is hardly going strong, not on the buisness size. LUCKILY, we gamers are still getting the exclusives they'd planned for the next few years.

Sony is in a bad spot overall, and it surely doesn't help that their console AND handheld are failing terribly - the console because it launched at an absurd price, had its online interfaced knocked out for a month, and didn't put out any decent games until a few years had passed since his release. The Vita because it's trying to do something that handheld gamers don't need.

The PS3 itself is doing fine. This is one of those common myths that the system is still bleeding money, and that isn't the case. The system has been profitable since 2010.

You can argue that their games aren't doing so hot, though. Sony needs to learn how to fvcking advertise. There are several high scoring, great exclusives that my friends have loved but had no idea existed. Uncharted 3 actually had an advertising campaign, and look at that: it sold. It's as if Sony expects everything to be Gran Turismo, which is unfortunate.

Sony really needs to learn from their mistakes, but if the Vita is any indication they haven't. The PS3 suffered for years because of an absurd price and a lack of attractive games. That's basically what's happening with the Vita now. PS4 needs to come out of the gate with plenty of attractive offers for gamers or else Sony won't last too much longer, imo.

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Vari3ty

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#12 Vari3ty
Member since 2009 • 11111 Posts

^Sony definitely needs to advertise more. I'm tired of seeing all these great exclusive franchises not selling well.

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c_rakestraw

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#13 c_rakestraw  Moderator
Member since 2007 • 14627 Posts

Call me when things are actually looking bleak for them.

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Sagacious_Tien

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#14 Sagacious_Tien
Member since 2005 • 12562 Posts
The PS Vita isn't selling well. The Tsunami did major damage and delays to their business. The Yen is very strong. The PS3 isn't selling as strongly as it could. They are spending massive amounts on R and D for the PS4. All those things add up.
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bakagami

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#15 bakagami
Member since 2008 • 324 Posts

Better topic: If you could have a tail would you? Such as a monkey tail you could hang off things, personally...I would.Blake135

I agree, that is a better topic.  having a tail would be awesome

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rragnaar

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#16 rragnaar
Member since 2005 • 27023 Posts

[QUOTE="Blake135"]Better topic: If you could have a tail would you? Such as a monkey tail you could hang off things, personally...I would.bakagami

I agree, that is a better topic.  having a tail would be awesome

Don't bump year old threads... especially for this.