{"id":15274,"date":"2011-11-02T13:46:00","date_gmt":"2011-11-02T11:46:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T22:00:00","slug":"sony-loses-almost-450-million-in-second-quarter","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/business\/15274-sony-loses-almost-450-million-in-second-quarter","title":{"rendered":"Sony loses almost $450 million in second quarter"},"content":{"rendered":"<p><a href=\"mygaming.co.za\/forum\/showthread.php\/11859-Sony-Computer-Entertainment?\" target=\"_self\" title=\"Company Information\">Sony<\/a> Corp&#8217;s Consumer Products and Services division &ndash; which includes its <a href=\"http:\/\/mygaming.co.za\/forum\/showthread.php\/19888-Playstation-3-%28PS3%29\" target=\"_self\" title=\"Term Information\">PlayStation<\/a> business &ndash; has reported a loss of $449 million during the June &ndash; September financial quarter, citing &ldquo;unfavourable foreign exchange rates&rdquo; and &ldquo;lower LCD [TV] sales&rdquo;.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\/news\/wp-content\/uploads\/Playstation_3_PS3_Slim_Console_boxed_225913839.jpg\" border=\"0\" width=\"340\" height=\"215\" \/><\/p>\n<p>The August PS3 price cut has probably also contributed to the loss, despite sales of 3.7 million consoles in the same period &ndash; an increase of 200 000 unit sales on last year, and the biggest second quarter for PS3 since launch.<\/p>\n<p>As of 30 September, total worldwide sales for the PS3 are around 55.5 million, behind 57.6 million <a href=\"http:\/\/mygaming.co.za\/forum\/showthread.php\/19882-Xbox-360\" target=\"_self\" title=\"Term Information\">Xbox<\/a> sales.<\/p>\n<p>PS3 software sales are up from 35.3 million to 37.4 million, <a href=\"http:\/\/mygaming.co.za\/forum\/showthread.php\/19916-Playstation-Portable-%28PSP%29\" target=\"_self\" title=\"Term Information\">PSP<\/a> software sales are down from 11 million to 8.1 million, <a href=\"http:\/\/mygaming.co.za\/forum\/showthread.php\/19918-Playstation-2-%28PS2%29\" target=\"_self\" title=\"Term Information\">PS2<\/a> software sales fell from 5.6 million to 2.8 million, and the planet&rsquo;s population increased from 6.9 to 7 billion which is really quite a lot for a land surface area of just 148 940 000 km2.<\/p>\n<p>Just sayin&#8217;.<\/p>\n<p><span style=\"font-size: xx-small;\">Source: <a href=\"http:\/\/www.sony.net\/SonyInfo\/IR\/financial\/fr\/11q2_sony.pdf\" target=\"_blank\" title=\"Sony\">Sony<\/a><\/span><\/p>\n<p><span style=\"font-size: small;\"><a href=\"http:\/\/mygaming.co.za\/forum\/showthread.php\/19892-Sony-loses-450-million-in-Q2\" target=\"_self\" title=\"Forum Link\"><strong>Sony loses $450 million in Q2<\/strong><\/a> &lt;&lt; Comments and views<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PS3 sales now 2 million behind Xbox<\/p>\n","protected":false},"author":167,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-15274","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/15274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/167"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=15274"}],"version-history":[{"count":0,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/15274\/revisions"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=15274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=15274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=15274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}