Sony Game Division Posts 400 Mill Yen Profit Q3!

how much USD is that?ps3_owns_360Wii

Edit:It's about 4.5 million.

how much USD is that?ps3_owns_360Wii

[QUOTE="ps3_owns_360Wii"]how much USD is that?heretrix

haha, your a funny guy:P

[QUOTE="ps3_owns_360Wii"]how much USD is that?agentfred

Edit:It's about 4.5 million.

atleast they are startin to post a profit

atleast they are startin to post a profitps3_owns_360Wii

Weird. This spins it a little differently. Who to believe?heretrix

This gives Sony more room for a PS3 price cut, which I believe will happen in Q1 09.EVOLV3

This is for the Third Quarter that ended on August 31, 2008. What about the Fourth Quarter that ended on December 31, 2008?malkiko

"Sony Corporation today announced its financial results for the third quarter ended December 31, 2008. The Japanese conglomerate posted a 95 percent decline in profits, with year-on-year sales falling 32.2 percent during the quarter. Sony is blaming the slowdown of the global economy and the appreciation of the yen as the causes of these bad financials. The Game Division said overall hardware sales decreased as a result of the appreciation of the yen against the U.S. dollar and euro, in addition to a decrease in unit sales of all its video game systems. Despite an increase in PS3 software sales, overall software sales decreased as a result of a decline in PS2 and PSP game sales."_Spock_

They are bleeding red ink :\_Spock_

that red ink is called a profit8)

This is for the Third Quarter that ended on August 31, 2008. What about the Fourth Quarter that ended on December 31, 2008?malkiko

[QUOTE="f50p90"][QUOTE="malkiko"]This is for the Third Quarter that ended on August 31, 2008. What about the Fourth Quarter that ended on December 31, 2008?st1ka

fiscal years end in march

[QUOTE="st1ka"]

[QUOTE="f50p90"]It's a fiscal year, not a calendar yearf50p90

fiscal years end in march

ah, that's what he meant

I dont know anything about yen, but in the movie Ichi the Killer 3 million yen was stolen and in the eglish version they say 300 million. So I guess that means a 4 billion $'s right? lol I have no idea c1o2d3y

wait are you saying 400 million yen = 4 billion US dollars?

How can this be spun as good news?

In the same quarter of last year the same division posted operating earnings of 12.9 Billion Yen.

For the math challenged 400 Million Yen is a lot smaller than 12.9 Billion :)

Operating earnings are DOWN 97% from last year!!!!

How can this be spun as good news?

This gives Sony more room for a PS3 price cut, which I believe will happen in Q1 09.EVOLV3

Really? using Yen to make it sound like a big number LOL.. That's about 4.5 million US$ so divide that between millions of investors, yup your right they might buy nintendo with all those riches :lol: or to put it in perspective MS made 4 BILLION DOLLARS PROFIT last quarter LMAO

[QUOTE="c1o2d3y"]I dont know anything about yen, but in the movie Ichi the Killer 3 million yen was stolen and in the eglish version they say 300 million. So I guess that means a 4 billion $'s right? lol I have no idea st1ka

wait are you saying 400 million yen = 4 billion US dollars?

So if

3,000,000 = 300,000,000

therefore

400,000,000 = 40,000,000,000 ? So I guess its actually 40 billion

I honestly I have no idea

Guys I hate to break it to you but this is AWFUL news for Sony. The profits from the 3rd quarter (which is the holiday season in the fiscal calendar and the one which makes the most money) is down by NINETY-SEVEN PERCENT from the same time last year. There is no good way (other than saying a tiny profit was made) of spinning this.

good news. another 70 years of 400Mil Yen profit and they'll make up for the $3.3 Billion lost on PS3EndorphinMaster

LINK

Good news for Sony.EVOLV3

What kind of dreamworld do you live in that this can be considered any sort of good news?

It's awful.