JohnnySasaki86
Member
The good news is that every division looks profitable, besides Game and "other"(whatever that is) according to that chart. Very promising indeed.
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Sony Announces Q1 Results
- Thread starter Parmenides
- Start date
The good news is that every division looks profitable, besides Game and "other"(whatever that is) according to that chart. Very promising indeed.
darkside31337
Tomodachi wa Mahou
R&D for the PS4 being factored in. I wonder how long they can keep TVs profitable.
pharmboy044
Member
PS4 R&D and manufacturing costs, I think?
These results are good. I can't believe TV actually didn't lose them money..one hell of a turn around
PS4 R&D was to be expected too.
Yep and gaming had R&D and manufacturing costs to be accounted for. Given that sony is about to earn money from online MP next gen coming years should look very good for the gaming division
PS4 R&D was to be expected too.
Yep and gaming had R&D and manufacturing costs to be accounted for. Given that sony is about to earn money from online MP next gen coming years should look very good for the gaming division
metalslimer
Member
There should also be a note the DS has been discontinued as well. It would have been interesting to have it be the greatest selling platform, but still the ps2 may deserve it more.
If they refocus on the high end with 4k, they may just find a niche there. I think it's pointless to try and fight the Chinese/Koreans on the low end.
DarkLordMalik
Member
Dat 8 GB GDDR5 definitely made a dent in the gaming division, lol
After seeing the horrible Wii U worldwide figures, suddenly the VITA figure doesn't look as bad to me.
After seeing the horrible Wii U worldwide figures, suddenly the VITA figure doesn't look as bad to me.
It's been well over a year that I have seen a single PSP Game let alone hardware in a US store.
nintendo lost $532m in 2012, which was enough to basically end sega back in 2000, so people threw up their arms in panic. last fiscal year and the most recent quarter they've posted operating losses, but because of the weak yen and things related to tax matters, they made close to $160m of that back since march 2012.
Duxxy3
Member
Vita's situation is much easier to fix.
Gaming made a slight profit last year overall.
They revised their estimates for this year in the gaming section. They expect higher revenue and lower operating results (ie. they now expect losses) due to the yen depreciation and having fixed costs in U.S dollars. I'd copy/paste the revelant section but the document is copy-protected.
They revised their estimates for this year in the gaming section. They expect higher revenue and lower operating results (ie. they now expect losses) due to the yen depreciation and having fixed costs in U.S dollars. I'd copy/paste the revelant section but the document is copy-protected.
They have cheaper Bravia line right now (in my country they are now close to Samsung and LG HDTVs prices).
shinra-bansho
Member
I think they'll probably miss forecast, but not by nearly as much as Wii U. The PSP is actually still selling in Europe iirc.
JohnnySasaki86
Member
Trust me there not loosing any money on Vita. They basically profit on everyone unit sold, or at the very least break even. But profit overall cause of the accessories and software. Thats why the very low numbers doesn't freak them out. No matter what they sell of the thing there making some money off it, although a very small amount.
metalslimer
Member
Haha, an obliterated handheld market is not easy to fix. Let me guess you think a price drop will solve everything. Vita's western lineup is horrendous from a selling perspective
Well certainly since they would have to sell 0 units to miss it by that much. Relatively percentage wise, we'll see.
StreetsAhead
Member
Individual quarters are different to the full year's loss. Before we new Wii U's fate, people were panicking over the results around this time, iirc.
have you seen tearaway?
zomgbbqftw
Banned
Really? Do tell, I'm sure one of Shahid or Adam is reading this very thread and would love to know your Vita resurrection plan. Bear in mind that almost all of SCE's resources (money and development time) is going to be dedicated to ensure PS4 doesn't flounder in its early years like PS3...
PotionBleue
Member
They should really stop that PSP/PSV combining for boasting purposes. Nintendo isn't even ashamed of releasing 10k Wii U Q1 sales for a region. For example, it's like if Nintendo combined Wii U and Wii sales.
Time to get a second job, Sony.
double jump
you haven't lived until a random little kid ask you "how do you make love".
this made lol
Duxxy3
Member
Sure, the handheld market took a hit with tablets and smartphones but it's not dead.
The handheld market sunk because the two manufacturers priced themselves out of the market.
Also sounds like they won't launch PS4 in Japan this year after all
'imo' that's smart. EU and Americas are much more important strategically. I think if the wiiu was selling better they would have gone a different route but as it is they can ride the ps3 along for a while longer in JP market
'imo' that's smart. EU and Americas are much more important strategically. I think if the wiiu was selling better they would have gone a different route but as it is they can ride the ps3 along for a while longer in JP market
mercenar1e
Member
so it looks like Sony experienced a sales increase for most of its products compared to last year. Its television and smartphone division is finally profitable... the improvements are a very good sign
metalslimer
Member
So whats the easy fix? Is Vita going to stop selling less than 20k a month in the US
Sony's smartphone division is doing really well. It must be Europe because i never see anyone in the states with a sony smartphone
What income? lol
zomgbbqftw
Banned
Sony are no longer a primary component manufacturer for TVs, their fixed costs are almost nil for production, and most of the assembly is in China except for their top end 4K TVs which have a huge profit margin anyway.
Getting out of manufacturing means Sony use almost the same business model as Vizio, but with a higher QC level. It also allows them to react to the market better, they don't have to keep producing LCD panels even if the market only demands half the amount, some other company (Sharp, Samsung, LG, AUO) bears that burden. It means Sony will never be massively profitable and they never really control their own destiny, but it also means they won't lose another $9bn trying and failing to make their own TVs.
ethomaz
Banned
More like manufacture costs and because the contracts are in dollars the weak yen hurt Sony a little.
StreetsAhead
Member
Also, they'd likely not do as well as the other territories against Mario, Pokemon, and Monster Hunter this Christmas in Japan with Knack, Drive Club, and Killzone at launch.
sono
Member
Wrong
Kaz has enough money to buy a discounted new copy of Ni no Kuni
Actually the figures are in $Millions
We'll know for sure after TGS.
where did you get this?
RedAssedApe
Banned
didnt they say ps4 aint selling at a loss. next few quarters will be interesting.
IncandescentPrecept
Banned
So, you're saying that the PS2 sold more than 1M during FY2013?
Why is the operating income in the negative? All of the Playstations are profitable (not sure about the Vita) and they had strong software sales through out the year. My only guess is a lot of money that is going into PS4 development right now that is putting the games division in the red.
ethomaz
Banned
This slide: http://www.sony.net/SonyInfo/IR/financial/fr/viewer/13q1/slide/image/17_image.jpg
Edit - Fixed the link
Duxxy3
Member
Drop the price when it's possible to still make a profit on the system. That goes for Sony moreso than for nintendo. Nintendo needs to make a large profit on every 3ds sold.
If it's not possible to make a cut that will improve sales, then don't cut. I thought we would see a cut back in february along with japan. I'm still confused why there wasn't one.
lol they would have sold well at launch no matter what Nintendo would have put out. Seriously doubt that's a concern. The primary focus should be in having as many units as possible for the launch months in Americas and EU
Btw only one of those are for a home console this year and even that is the 3d game iirc. Different markets and different target audiences
FY 2012 actually. 2013 is the current FY.
Yes, I'm saying that. In FY 2011 PS2 sold 4.1m
metalslimer
Member
Because the western lineup has been shit. They are waiting for killzone and tearaway
zomgbbqftw
Banned
Final note, the mobile division seems to be picking up speed, record number of shipments (9.6m, up 30%) and a 15% increase in ASP on a CC basis. Operating profit of $60m for the division, but that is masking the failures of the Vaio division, Xperia probably made in excess of $150m operating profit this quarter, I'll have to crunch the numbers later. Mobile phone revenues are up 65% which, again is very, very impressive. It puts SMC at number 4 globally after Samsung, Apple and LG, but number 2 in terms of ASP behind Apple (who are way out in front at $576 vs $330 for SMC).
funkystudent
Member
$35!
Kaz, Cerny and House are all going to McDonalds and its all on Kaz! Big mac meals for everyone!
Kaz, Cerny and House are all going to McDonalds and its all on Kaz! Big mac meals for everyone!