PS3 helps put Sony back in black

GameSpot: Electronics maker posts $295.2 million profit thanks in part to rising demand for console; game division revenue up 32 percent, but exchanges rates keep game unit from profitability

After a year which saw a steady drumbeat of quarterly losses, Sony is back in the black. Today, the electronics giant reported profits of 25.7 billion yen ($295.2 million) for the April-June quarter, up from a 37.1 billion yen ($426.7 million) loss the year prior. Overall earnings were 1.66 trillion yen ($190.9 billion), up from 1.56 trillion yen ($179.4 billion) the year prior.

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DelbertGrady3835d ago

Something we can agree on :)

Hellsvacancy3835d ago (Edited 3835d ago )

I was gonna use the Black To Black album cover but thought all those uneducated music listeners would report it as "not game related" BEST ACDC SONG EVER

theKiller3835d ago (Edited 3835d ago )

thats more than many countries GDP!!!

all these giants makes trillions of USD in a decade and when a financial meltdown occurs they act as if their trillions vanished because they lost only 50-100 billion USD!!

this applied on all giant companies!!!

Anon19743835d ago (Edited 3835d ago )

The PS3 increase year over year increased by over one million.

Gamespot says "During the quarter, 2.4 million PS3s worldwide were sold, an increase of 200,000 units from the year prior."

Look at Sony's site.

The same quarter last year saw PS3 sales of 1.1 million. Now it's 2.4 million.

2.4 million minus 1.1 million is not 200,000 consoles.

The sad thing is there was an article submitted last night that had the correct information, but it was killed other by users who falsely reported it as a duplicate. The mods ignored it.

I guess being first and having the correct information doesn't count for much if you're a small site trying to post on N4G. We're subjected to flamebait articles from no-name sites on a daily basis but real, accurate news doesn't cut it? Expect your articles to be repressed in favor of larger sites with the wrong info. Sad.

+ Show (1) more replyLast reply 3835d ago
RageAgainstTheMShine3835d ago (Edited 3835d ago )

Yeah as back to black as Godzilla!
PlayStation is brand is the Godzilla of consoles!
Indestructible brand!
Don't make it angry or else...

ChronoJoe3835d ago (Edited 3835d ago )

Sony should start publishing and localize the JRPGs that crappy publishers like Namco don't bother to, localize.

Don't even need English voices. People will buy.

himdeel3835d ago

...and I'd purchase them in a heartbeat. Oh and an online instructions manual in english would be cool. I can print it off if I needed to.

HorsePowerr3835d ago

PS3 is awesome now. Simple as that.

Greek God3835d ago

Its the Heaven for Gamers

Commander_TK3835d ago

is great, PC gaming is the ultimate experience. Don´t forget Steam

Chimerhazzard3835d ago (Edited 3835d ago )

LOL, sorry but no.

The current state of PC gaming was what lead me to buying my PS3 on the first place. Don't get me wrong, I used to be a devote PC gamer but I was feeling I was starting to miss out on too much games, games that used to be "multiplataform" and released on both the consoles and PC but that more and more started to be "console only". Red Dead Redemption is a good example of this, altough I still hope there will be a PC version, which in case there is, I will promptly buy.

While I agree that a PC provides a gaming environment better than the consoles do for some types of games (this is particulary true for FPS or third person shooters) there is NO way that PC gaming is "the ultimate experience". There are just too many good games on PS3 for a real gamer to just keep using a PC.

The Xbox360 has some very good games too, specially the Mass Effect series, but fortunately you can play most of those in a PC.

Commander_TK3835d ago

Also, if u only game on PS3, you´ll miss out tons of great PC exclusives also. Don´t that the PC is the platform with the most exclusives

Chimerhazzard3835d ago (Edited 3835d ago )

I still have my PC... well I game on 2 PCs actually, so I get he best of both worlds. I just don't think that is fair to call the PC "the ultimate experience", because gaming in consoles is just as good. I do not mean to imply that PC no longer has good exclusives, it still does. Look at Starcraft 2 for instance. But consoles tended to have a bigger flux of good games for the past few years... Good games like starcraft 2 come to the PC's once in a while... I am getting great console games like Heavy Rain, GOd of War 3, Uncharted 2 and Red Dead like every month... there's so many new games that I can't afford the time to play them all :D

But I agree with you, PC still has great exclusives, and many of them free. Like Alien Swarm. I love that game.

djfullshred3835d ago

I think it depends on your PC if it is the "ultimate experience".

Mine is definately not the ulitmate gaming machine. And too many good games are not even being made for PC. So even if I had a kick ass rig, I would not consider it "ultimate" when many of the games I want to play are not made for PC.

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NYC_Gamer3835d ago

i'm happy that ps3 is making sony alot of profit

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