The last six months have been tough for Sony and even tougher for the company's gaming division. In posting its annual financials at the end of March, the company reported an operating loss in that area of nearly US$2 billion. Sony's financial report stated that the red ink was "the result of loss arising from the sale of PS3s at strategic price points lower than its production cost…as well as the recording of other charges in association with preparation for the launch of the PS3 platform".
Consumer-research company NPD Group reported that sales of the PS3 console in Canada were 6,500 in May. In the same period, Nintendo Canada sold 37,300 Wiis, Sony Canada sold 18,200 PS2s, and Microsoft Canada moved 12,300 Xbox 360s.