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PS3 sales reach 62 million; Sony posts $2 billion loss for Q3 FY 2011

GB : Sony has announced its quarter 3 results and it is terrible. The 360 outsold the PS3 by 0.8 million this quarter and the company posted a massive loss.

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Cocozero1703d ago

Great numbers considering the price cut. However this does confirm that the 360 is ahead WW as it outsold the Ps3 by nearly 2ml units this year.

Karooo1703d ago

It outsold the PS3 by 0.8 million. Yes it's 4 million ahead.

It doesnt matter now though.

Cocozero1703d ago

For this quarter its 8.2 (360) - 6.5(PS3) which makes 1.7 not 0.8

Abash1703d ago

Microsoft made it seem like they slaughtered the PS3 in sales when they're actually pretty close. 4 million difference isnt bad at all

Shang-Long1703d ago

doesn't sony have one more qtr to report For their year? buti think what hurt the ps3 the most was the psn hack n other problems in japan.

i know most ppl hate on the ps3 but its the best system ive own and have not regretted my 399+ tax purchase in 08

jaosobno1703d ago

Never let a white man lead an asian company. See what happens?

Stringer took over in 2005. and since then it's been downhill for Sony.

Let's hope Hirai takes Sony away from this ruinous path.

gaffyh1703d ago

Still one more quarter to report yet, which will probably see around 2 million sales. Still 14 million in the year is not too shabby.

SolidStoner1703d ago

I think Xbox sold 0.8 more just becosue it breaks more, so dumb people buy it again :D

inveni01703d ago

Is this Sony that posted the loss or SCE (or whatever it's called now)? Sony is actually made up of a dozen (or so) little companies, each with its own budget, income and expenses. If you ask me, the PS3 can't possibly be losing $2 billion dollars. That would mean that selling 6.5 million PS3s in a quarter costs Sony $305 per PS3. That's double the cost they're charging consumers. There's just no way that the PS3 still costs $600 to make. So these loses are primarily coming from somewhere else within the family of companies.

Brosy1703d ago

I wonder if sony will start charging for PSN next gen. I say it's likely if they get PSN on the same level as Live. But who really knows, there might not be a next-gen for Sony. Let's hope not.

sikbeta1703d ago

Damn you people, Ballmer said it @ CES, X360 was the best selling console in 2011, enough said

O-T

Holy F**** S***! Dump your s*** TV division that sink s**** of money already, stop making s*** devices no one gives a f**** about, concentrate in the good stuff damn it!

Getowned1703d ago

Who cares about what sold more then what.I only came here to read all of the idiotic comments..and it's not as entertaining as I thought it would have been.

momthemeatloaf1702d ago

4 million more by Microsoft is not a lot but it's eye opening when last gen Sony sold 150 million consoles and Microsoft sold 25 million.

Darkfocus1702d ago

Vita R&D and the fact it's selling at a loss contributed to the 2 billion loss did it not?

badz1491702d ago

was contributed by the slide in their TV sales. PS3 is not in the red it seems

Legion1702d ago

@inveni0

Likely that the loss is not directly associated with PS3 as many other Sony products are falling on hard times.

But your assumption that cost is directly related to how much it costs to make a product is faulty. As many other factors go into the product... not just production costs. You have overhead, marketing, distribution, etc. that goes into making of the PS3.

More often then not the company does not rely as much on making profit on the console as it does on the generation of sales to software on their product. Though a company looks to keep their overhead low it knows that it is the software sales and add-ons that bring the most finance generation to their company.

Gaming1011702d ago

How exactly does anyone know which division of Sony it is that posted the loss? Does this include all divisions? In which case, their TV division and other electronics divisions have been posting losses as well if you follow their financial reports, so I wouldn't exactly blame this on their games division.

Gaming1011702d ago

How exactly does anyone know which division of Sony it is that posted the loss? Does this include all divisions? In which case, their TV division and other electronics divisions have been posting losses as well if you follow their financial reports, so I wouldn't exactly be quick to blame this on their games division.

Consoldtobots1702d ago

yayyyyyyy for the salesbox 360, can't wait to play call of sales, sale battle 3,
sale-o,sales of war and all the other great first party sales based exclusives.

they are sooooooo much fun to play.....

inveni01702d ago

That's exactly my point, though. Do you really think that they spend $600 building and marketing EACH individual PS3? Of course you don't (I'm assuming you're an intelligent person). When I mention what it costs to build and sell a PS3, I don't mean just buying all of the innards on NewEgg and assembling them for free. I mean the cost to design, construct and put the product into the hands of the consumer.

If it WAS Sony's Playstation division losing all of this money, then it would definitely come from software sales, where Sony churns out amazing exclusives after several years of development, only to have what are considered my the Halo and CoD fan base to be lackluster sales. But the loss certainly doesn't come from the sale of PS3 hardware.

+ Show (15) more repliesLast reply 1702d ago
gamingdroid1703d ago (Edited 1703d ago )

So I guess it is now official....

You can't argue with numbers directly from first hand sources, MS and Sony.

Shang-Long1703d ago

whats offical? what r u saying?

Vega751703d ago

yeah MS outsold sony even without all the exclusive people been crying about. just wait when MS drops the price on the 360 this year the gap will grow more in favor of the 360 over the ps3.

Dlacy13g1703d ago (Edited 1703d ago )

@gamingdroid... well this is N4G. So you could hand someone a black pen and they would tell you its Red if it had the wrong company logo on it.

So, no I suspect this thread will be fueled by people arguing the numbers.

Heck just above your post I have already seen the "number" difference be quoted as nearly 2 million, .8 million, 1.7 million and my favorite .4 million. Fuzzy math seems rampant in the comments today.

insomnium21703d ago

@ vega + droid

What is there in for you both if MS releases no core games but gets teh salez from the casual crowd anyhow? Do you enjoy not having as many exclusive core games or what is it?

I could swear I saw both of you laughing at sony in 2005-2008 about PS3 not having any games. Amirite or do I need to check that out?

Are you people really saying that less games is great as long as teh zales stay up? Do all those wonderfull Sony exclusives dissapear after you saw Sony posting red figures as a whole? My god some of you truly seem idiotic at times.

Nes_Daze1703d ago

it's official that you're a biased fanboy. Smart people will buy both consoles and not pay so much attention to sales, I personally haven't bought an xbox yet only because I've been told that they tend to break after a year or so. Not to mention the major userbase consists of Modern warfare fans and sports fanatics. I'm sure I would enjoy it though just as much as my PS3.

gamingdroid1703d ago

@insomnium2

***What is there in for you both if MS releases no core games but gets teh salez from the casual crowd anyhow?***

Why is this even relevant?

That said, larger user base results in better support... we saw that in the PS2 era.

***Do you enjoy not having as many exclusive core games or what is it?***

I have no issues with finding "core" games regardless of it being exclusive or not. In fact, I also play a lot of casual games and also enjoy a lot of other forms of entertainment.

MS delivers the entertainment I want and I leave at that. If I don't find it there, I'm sure I can find some on my PC, Wii or PS3.

***Are you people really saying that less games is great as long as teh zales stay up?***

Nope, that is you putting words in my mouth. That said, we are in an article about sales, so sales are discussed....

***Do all those wonderfull Sony exclusives dissapear after you saw Sony posting red figures as a whole?***

Sony has had like 5 straight years of losses, this will be their 6th so nothing has changed in half a decade... but what does that have to do with "exclusives"?

I fail to see your response being relevant to anything I said....

***My god some of you truly seem idiotic at times.***

ditto!

JellyJelly1703d ago (Edited 1703d ago )

"You can't argue with numbers directly from first hand sources."

On N4G people make up their own truths i.e Sony always win.

PetitPiPi1703d ago

Gamingdroid is owning the usual teenage girls on this site.

@ Gloomy.

U mad? How exactly is gamingdroid a fanboy? He owns 360-PS3-Wii-PC. How many gaming systems do you own? Less then gamingdroid obviously. On top of it you say "smart people will buy both consoles" yet you only own one of them. Are you telling us your a dumb ass? I think so. ;)

+ Show (5) more repliesLast reply 1703d ago
mynd1703d ago

Anybody else notice Sony are now forcasting 14 million not 15 million for the fiscal year?

Legion1702d ago

Often times companies will reassess their forecast later in the FY. Sometimes increasing, sometimes decreasing sales based on what current market is doing. Only logical to change your forecast when new figures come in.

kreate1703d ago (Edited 1703d ago )

What the article fails to mention.

"Due to the launch of a new model, approximately 6.5 million units of PlayStation 3 ... hardware were sold in the current quarter, compared to approximately 4.5 million units in the prior year's third quarter," reports Sony's Q3 earnings report.

So sales went up from 4.5m to 6.5m. Sales went up, not down. This article fails.

EDIT: http://i.joystiq.com/2010/0...

mynd1703d ago

What?
They sold 6.3 million units last year not 4.5 million.
Why are you quoting an article from Feb 2010.
2 years ago?

Look at all the agrees you have ROFL.

kreate1703d ago (Edited 1703d ago )

oh my bad.

"According to the earnings report released today, 6.5 million PlayStation 3 units were sold in the publisher's third quarter, an increase of 2.8 million units on the previous quarter,and an increase of 200,000 units"

an increase in sales from previous quarter and the previous year.

http://www.gamespot.com/new...

http://www.vg247.com/2012/0...

although to satisfy the xbox fanboys. sony did lose money even though ps3 sales went up. mostly due to sony ericson and other departments.

i would expect continous decline in revenue for sony due to competitive hardware market but sony's gaming division does bring in money. and we're talking about games here u know.

happy now?

EDIT: also ps2/psp sales are way down... but this is expected but still good considering the original xbox became extinct like ... 7-8 years ago?

Anon19741703d ago TrollingShowReplies(5)
superadvanced1703d ago

lol the extra 4 million could easily be people buying it again because of RROD

Dlacy13g1703d ago

Does it matter? Its still 4 million in consoles sold regardless of reason.

superadvanced1703d ago

yeah that means the actual install base is less

Legion1702d ago

And if that was the case then attach rate of games is blowing PS3 out of the water. Which is it?

Is there a bunch of consoles being re-bought and with less actual consoles on the market thus the attach rate is higher or is MS actually selling consoles and the attach rate is thus more equal with PS3?

Can't have it both ways. Or can you?

ZippyZapper1703d ago (Edited 1703d ago )

66 360 (Dec) It's Feb now
62 PS3

Wasn't the PS3 supposed to pass the 360 by now?

PLAYWATCH1703d ago

are you stupid? you don't know how to read simple charts? 62 PS3 is also by end of December.

So many stupid people on this site.

Parapraxis1703d ago

learn what fiscal years and 1st, 2nd, 3rd, 4th quarters are Zapped.

SephirothX211703d ago

My preferable console is the PS3 but PS3 fanboys need to admit that the 360 has sold more worldwide than the PS3. These figures don't lie. Don't put it down to the rrod or the PSN hacks. The rrod issue was resolved with the slim. Be objective and not biased towards one console. Sony have not done well business wise this gen and MS are beating them in that regard so far. The PS3 is the better console imo but clearly more people want a 360 for whatever reason.

gypsygib1702d ago (Edited 1702d ago )

I prefer my PS3 mainly because MS nickels and dimes too hard but I agree, MS are the better business people.

Also, I feel Sony needs to focus more on fewer things, they try and compete with everything while companies more focused on fewer devices do it better.

PS3s OS is still very slow compared to 360s, too many multiplats still perform worse or have problems (Skyrim framerate, BF3 controller lag and voice chat) and messaging while playing online involves way too many steps.

MS beat Sony this gen because MS led where it counted: online, software functionality and PR, while sony is still playing catch up (It's best exclusive MGS4 doesn't even have trophies and too many exclusives die in the water). I'm still unsure why we have Home but not voice chat, or faster messaging.

Kutaragi really made things hard for Sony developing PS3 the way he did.

sirdrake1703d ago

Maybe i am just dumb, but we are comparing overall says from launch to now for both consoles right?

If that is the case, ( i know this has been said before) the 360 did come out a year before the ps3. Which would mean that it SHOULD have sold more consoles in its life span, because there was an extra 4 quarters of sales posted.

It is good for the xbox to outsell the ps3 this year, it definitely had a good one,but i cant help but think we are beating a dead horse when comparing over sales figures where the products have a different life span.

If the products are only what 3 or 4mil apart and the 360 has a longer life span, i would say the ps3 is doing a good job.how many units did the xbox sell in its first year? a lot i am assuming, which would account for their 4mil lead now.

Hicken1703d ago

I hate to say it, but certain people around don't want to hear things like that.

It's bad enough that they're trumpeting sales like they can stick em in their system and play them. But they also "conveniently" forget important little facts like how the PS3 is down by however many millions while still being behind by one year.

Instead of comparing the PS3's current total to the 360's current total, it should be compared to the 360's total last year. I'll bet the 360 wasn't sitting on 62 million last year(after all, that'd mean they only sold four million this year, right). Maybe it's just me, but I think market life should be taken into account, if we're gonna be talking sales.

And honestly, why haven't these sales translated into more games or something? Surely it doesn't eat up ALL those profits making new dashboards each year.

Aloren1702d ago

Well, people compared PS2 to xbox even though the PS2 had an 18 months headstart, so it's nothing new.

Afaik, MS sold about 6 million 360 in the first year, so it's not too bad to still be ahead by 4 million. I mean, PS3 was supposed to "take over" by the end of 2007,and people said it would "take over by the end of the year" every year since then... Honestly, who thought back in november 2005 that there would still be more 360s than PS3 in 2012 ? Noone, probably not even MS.

To be Honest, I think the turning point of this gen was the multiplat release of GTA4.

kikizoo1702d ago (Edited 1702d ago )

Gamingbolt = LOL

pathetic fanboyz liars, like all the desperated ones here, happy because the yen is powerfull (not good for sony, but not really for the gaming division !) and happy because their inferior hardware (with no exclusives) sold (perhaps) a little more, because of us dumb gamers only (with millions $ for marketing, viral propaganda, etc)

it's the worst generation of brainless fanboyz we have ever seen, i can't paste all the stupid analysis (gamingbolt has done a good jog to satisfy their dumb fanboyz with bad explanations), but this, it's too much, i can't imagine they are bleivieng all the lies they are writting :

"If PS3 exclusives matter on sales, why doesn't the PS3 and their exclusives sell better? Uncharted 3 shipped 3.8 million and sold... 700K."

uncharted already sold more than 3,5 m, and it's on vgchartz (always undertracking sony's things), so stfu misinformed liar.

+ Show (8) more repliesLast reply 1702d ago
timotim1703d ago

First off big up to Jo for putting me on with the tip ;) Now my 2 cents...I know this site is full of PS fanboys and I'm sure this will get its fair share of negatives but this is the difference between MS and Sony this generation. Most here want to turn every gaming conversation into a war about first party exclusives while totally missing whats actually happening in this market. MS post its best quarter EVER, bringing in 21 BILLION in revenue while Sony is in the red hundreds of millions of dollars. Xbox (E&DD) is soaring now while Sony's PS business is operating at a loss. All this talk about exclusives and where has that gotten Sony?

Say what you want but Microsoft ate Sony's lunch this generation and totally changed the dynamics around from what they were the previous 2 generations. At the end of the day all of this is a business...everyone does what they do in the attempt to make more money, and Sony has always been 1-2 steps behind since 2005. If it weren't for the strength of the PlayStation brand...these numbers would have looked even worse. From a business standpoint MS has been doing what they need to reach the masses while Sony hoped that a few extra exclusives a year would push them over the top. Instead all you have is a few hardcore and passionate gamers/fanboys here on N4G trying to push the message that more exclusives equals better...yet no one listening.

MS has been heavily investing in new ways to use a gaming console...everything from Kinect, Media Center, PC streaming (was new for a console back in 2005), all the TV and media options, Live Arcade (again, new for 2005), Achievements, party chats, video chats, all the social stuff etc, has paid off and kept them above the competition. Sony on the other hand has taking a me too approach by simply copying what has worked. MS came with a brilliant strategy and Sony is now on the ropes. Whats worse is that 2012 is the year that the Xbox drops to $149.99 while still maintaining a profit...the PS3 is operating at a loss but yet again will be forced to drop its price again just to stay competitive.

I know what the fanboys are thinking...your thinking but we still have a chance at revenge if only the PS3 can out sell Xbox WW...then we'll rub it in those Xbot faces...well guess what...even if that were to happen, MS and Xbox still comes out on top because the PS brand was the hottest thing in gaming 10 years ago, but in just one generation has gone from top class and growing money on trees to the exclusive game only system and losing money left and right.

BiggCMan1703d ago ImmatureShowReplies(6)
moparful991703d ago

You do realize that all of those losses are from sony as a whole right? The playstation brand is the only thing making money for sony right now... Microsoft actually had their stock downgraded last year due to all of the hemoraging coming out of their entertainment division... Just shows how little you really now...

PimpDaddy1703d ago

How many Billions of dollars did the PS3 lose before it started turning any profit at all? If I'm not mistaken it lost over 5 billion dollars it's first 3 years before the games division started turning a profit.

That was with PS2 and PSP combined with PS3 those first 3 years. So that loss was well above 5 Billion dollars. Then you add in how much money the PSN outage cost Sony last year and how much money is lost to the 50 dollar price cut.

By the end of the PS3's lifespan Sony will still be Billions of dollars in the red. The PS3 has lost so much money that it nullified the total profit of the PS1, PS2, and PSP combined.

Since you want to bring Microsoft into this equation. Microsoft has made Billions in profits on the 360. Even after RROD, R&D costs, selling consoles at a loss in the beginning, and having Zune and other hardware included in their financials for the EDD division. By the time this generation is done Microsoft will have made enough profit to wipe out the loss of the original Xbox too.

Now what???

moparful991703d ago

Really Pimpdaddy?? Lost so much that it nullified all the profit from the ps1, ps2, and psp??? Do you know that for a fact or are you just spouting out nonsense cause it sounds good in your dillusional little world... Its also funny how you fail to even consider software sales and licensing which is where sony has always made the bulk of their profit in the gaming industry.. Or that there are millions of Plus subscribers... Sony sold the ps3 at a loss for the first few years but in the 2009/2010 fiscal year they started making profit on every system sold.. Regardless of how you spin the facts to fit into your agenda, the playstation brand makes money for sony and helps to stimmey the losses from the lcd tv's and mobile phone markets.. Playstation and the film industry is where they are making money otherwise the losses would have been greater...

+ Show (1) more replyLast reply 1703d ago
Ghost2501703d ago

oh my god just shut up. if anyones a fanboy its you, posting all this information about what microsoft has done this gen. no one cares about that crap. the only thing you should be caring about is getting good quality games from these companies and devs, not their sales numbers idiot. so stop with your nonsense fanboy.

Ethereal1703d ago (Edited 1703d ago )

Your argument is null and void. These postings are based on Sony as a whole company (as well as MS). The only positive in the company has been the gaming division for the last few years even if they were slightly in the red this year (for reasons we all know about). I won't even go into all the bullshit you attempted to use as supportive material to why Sony is failing...

OMEGAZONE1703d ago

The only people who worry about this is investors, this is a gaming site and all we care about is games and consoles. And what it comes down to is Sony have invested in the games, new i.ps, old franchises and current ones, HD remakes and Japanese imports. This is what we care about.

What we don't care about is turning the console into a swiss army knife which is what Microsoft are obsessed with to a point where next generation a lot of people are going to ditch the Xbox for the Playstation because they can see where the games are.

mume191703d ago

I might jump on Nintendo's train before i go back to the playstation brand.

Bereaver1703d ago

@timotim

@your exclusives comment.

So what you're trying to point out is that even though the ps3 has so many great exclusives it doesn't make a difference in console sales right? Sounds like sheep to me.

All aboard the Kinect train.

Frankfurt1703d ago

If PS3 exclusives matter on sales, why doesn't the PS3 and their exclusives sell better? Uncharted 3 shipped 3.8 million and sold... 700K. It didn't even show up in the top 10 of its 1st month, while Gears 3 was still there (in its 3rd month).

Look it up.

squallheart1703d ago

Um the reason they don't sell as high is because there are to many exclusives. From the variety of choices available I cant keep up. I have 10 games I have bought, two of them are open and the rest are sealed still. I have yet to buy ICO collection and the new yakuza. I cant keep up. What does the 360 have gears and um dance central. Theirs probably another title im missing but that's all I can think of. The reason they sell so well its because people are desperate for a damn title. Most of the releases are multi anyway. Theirs nothing on the 360 that appeals to me other than lost Odyssey.

xPhearR3dx1702d ago

@ squallheart

lol "There's too many!!!". It doesn't matter how many there are, it matters if they interest the community. Look at all the 360 Kinect Exclusives. Do they sell 5-10 million like Halo? No, because they don't appeal to the community. And even a game like Kinect Sports can sell 3+ million, where most PS3 exclusive barely pass a million. If you count all the stupid Kinect titles, 360 actually had more exclusives in 2011 than Sony did. You can list "hardcore" exclusive all day long, but no matter how polished and good they look, if people don't find them appealing, they won't buy them.

You kids on N4G live in a fantasy world. 360 users don't buy Gears because they have no other games to play, they buy it because 360 users love it. Even some PS3 guys wish they had it. I remember when Resistance 3 was announced, kids acted like they just saw a ghost. Now Insomniac axed the series because it sold like shit lol Face it. No one but you and your little fantasy land want's your "big" list of lackluster exclusive titles.

plmkoh1703d ago (Edited 1703d ago )

"MS post its best quarter EVER, bringing in 21 BILLION in revenue while Sony is in the red hundreds of millions of dollars."

You start off with the topic of Microsoft's and Sony's gaming division, yet you go on quoting total corporate revenue streams which accounts for all product lines related and unrelated to gaming...your 2cents of credibility is already in the drain.

"If it weren't for the strength of the PlayStation brand"

Here's a paradox, if the product behind the brand is so lackluster, how does the brand remain so strong? Or are you telling me brand alone pushes a product...tell that to Nintendo during the 3DS launch.

" Instead all you have is a few hardcore and passionate gamers/fanboys here on N4G trying to push the message that more exclusives equals better"

Apparently the "few" 62million PS owners are all N4G fanboys...where does that leave the 66+ million Xbox owners?

"MS has been heavily investing in new ways to use a gaming console...everything from Kinect, Media Center, PC streaming (was new for a console back in 2005), all the TV and media options, Live Arcade (again, new for 2005)...Sony on the other hand has taking a me too approach"

Yeah Sony were so good at copying that they debuted wtih media centre capabilities, optional linux support and even a motion controller. But of course we all know that Microsoft always had the idea of "new ways to use a gaming console" including the HD-DVD attachment which was part of their "brilliant plan".

"I know what the fanboys are thinking...your thinking but we still have a chance at revenge if only the PS3 can out sell Xbox WW"

Ah I see...whilst the PS3 fans are playing their "few" exclusives, the Xbox fans are busy biting their nails because "sales" is the only victory they can grasp...

Actually I agree MS did come with "new ways to use a gaming console": the ability to compare sales so that you can prime your E-peen. *well done*

360GamerFG1703d ago

Actually the Xbox 360 owners are busy BUYING AND PLAYING games period. Attach rates say 360 owners play more games. Please understand, attach rates are determined using both console and software sales and on average an xbox owner has more games than a ps3 owner

plmkoh1703d ago

I think you have greatly misread my point if you feel the need to point out "xbox owners" do this rather than my point on "Xbox fans" do otherwise.

FriedGoat1703d ago

What games are they playing exactly? I got bored of gears last month, just playing my ps3 exclusive backlog now. The only thing I use my Xbox for now is streetfighter (xbox fightstick) and warming up my room.

catguykyou1702d ago

@FriedGoat

Funny thing about consoles, they don't just play exclusives.....

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videoxgamexfanboy1703d ago

well said but trying to get some of these spin masters to understand that is like trying to fit a circle in a square. plus bubbles...