• Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.

Sony Reports Q3 FY12 Results - $2 Billion Loss, 6.5 M PS3's Shipped [Shares up 13%]

Sony should consider losing more money next quarter: http://finance.yahoo.com/q?s=SNE

sonystockn6dv8.png


---

Consolidated Results for the third quarter ended Dec 31, 2011

Sony Corporation said:
(Millions of U.S. dollars)

Sales and Operating Revenue --> $ 23,370

Operating Loss --> $ 1,176

Net Loss --> $ 2,038


PS3 Worldwide Unit Sales (Unit:Million)
Code:
Hardware Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07         -        -       1.7      1.8      3.5      3.5

FY 2007/08        0.7      1.3      4.9      2.2      9.1      12.6 

FY 2008/09        1.6      2.4      4.5      1.6      10.1     22.7 

FY 2009/10        1.1      3.2      6.5      2.2      13.0     35.7

FY 2010/11        2.4      3.5      6.3      2.1      14.3     50.0

FY 2011/12        1.8      3.7      6.5       -       12.0     62.0


Software Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07         -        -       5.2      8.1      13.3     13.3

FY 2007/08        4.7      10.4     26.0     16.8     57.9     71.2 

FY 2008/09        22.8     21.2     40.8     18.9     103.7    174.9 

FY 2009/10        14.8     23.9     47.6     29.3     115.6    290.5

FY 2010/11        24.8     35.3     57.6     30.2     147.9    438.4

FY 2011/12        26.1     37.4     66.2       -      129.7    568.1

PS2 Worldwide Unit Sales (Unit:Million)
Code:
March 31,2006  Cumulative  Production Shipments of Hardware -> 103.69

Hardware Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07        2.3      3.4      6.7      2.4      14.8     14.8 

FY 2007/08        2.7      3.2      5.4      2.4      13.7     28.5 

FY 2008/09        1.5      2.5      2.5      1.4      7.9      36.4 

FY 2009/10        1.6      1.9      2.1      1.7      7.3      43.7

FY 2010/11        1.6      1.5      2.1      1.2      6.4      50.1

FY 2011/12        1.4      1.2      0.9       -       3.5      53.6


March 31,2006  Cumulative  Production Shipments of Software -> 1047.0

Software Sales    Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr    FY       LTD

FY 2006/07        32.7     47.2     78.6     35.0     193.5    193.5

FY 2007/08        31.1     38.0     60.9     24.0     154.0    347.5 

FY 2008/09        19.3     23.2     29.7     11.3     83.5     431.0 

FY 2009/10        8.5      11.4     11.2     4.6      35.7     466.7

FY 2010/11        3.4      5.6      5.3      2.1      16.4     483.1

FY 2011/12        1.5      2.8      2.5       -       6.8      489.9


PSP Worldwide Unit Sales (Unit:Million)
Code:
March 31,2006  Cumulative  Production Shipments of Hardware -> 17.03

Hardware Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07        1.4      2.0      4.7      1.5      9.6      9.6 

FY 2007/08        2.1      2.5      5.7      3.5      13.8     23.4 

FY 2008/09        3.7      3.2      5.1      2.1      14.1     37.5 

FY 2009/10        1.3      3.0      4.2      1.4      9.9      47.4

FY 2010/11        1.2      1.5      3.6      1.7      8.0      55.4

FY 2011/12        1.8      1.7      2.4       -       5.9      61.3


March 31,2006  Cumulative  Production Shipments of Software -> 47.3

Software Sales   Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr     FY       LTD

FY 2006/07        9.2      13.2     21.2     11.1     54.7     54.7

FY 2007/08        9.8      12.6     18.3     14.8     55.3     110.0 

FY 2008/09        11.8     11.8     15.5     11.2     50.3     160.3 

FY 2009/10        8.3      13.0     15.0     8.1      44.4     204.7

FY 2010/11        9.2      11.0     16.5     9.9      46.6     251.3

FY 2011/12        6.6      8.1      11.4      -       26.1     277.4

Sony Q3

16_image.jpg



Hardware Shipments (Unit: Million)


LTD
Code:
PS2  154.4 --> (Software: 1528.9)

NDS  151.06

GB   118.69

PS1  102.49 --> Cumulative Production Shipments of Hardware

Wii  94.97

GBA  81.51

PSP  75.4 -->  (Software: 324.1)

360  65.8

PS3  62.0

NES  61.9

SNES 49.1

N64  32.93

NGC  21.74

3DS  15.03


FY 2011
Code:
         (Ap-Jn)11    (Jl-Sp)11    (Oc-Dc)11  (Ja-Mr)12    FY 2011     

360        1.7          2.3           8.2        -          12.2

PS3        1.8          3.7           6.5        -          12.0

3DS        0.71         2.36          8.36       -          11.43   

Wii        1.56         1.79          5.61       -          8.96

PSP        1.8          1.7           2.4        -          5.9
       
NDS        1.44         1.14          2.06       -          4.64

PS2        1.4          1.2           0.9        -          3.5
-For the current Fiscal Year ending March 31, 2012, Sony expects to sell 14 million PS3s, 6 million PSPs and 4 million PS2s

-For the current Fiscal Year ending March 31, 2012, Nintendo expects to sell 14 million 3DS, 10 million Wiis and 6 million NDS

-Microsoft's Fiscal Year starts in July



2011
Code:
         (Ja-Mr)11   (Ap-Jn)11    (Jl-Sp)11    (Oc-Dc)11     2011      

3DS        3.61        0.71         2.36         8.36        15.03      

360        2.7         1.7          2.3          8.2         14.9 

PS3        2.1         1.8          3.7          6.5         14.1        
      
Wii        1.36        1.56         1.79         5.61        10.32 

PSP        1.7         1.8          1.7          2.4         7.6      

NDS        1.82        1.44         1.14         2.06        6.46     

PS2        1.2         1.4          1.2          0.9         4.7

Code:
       PS3 Retail Sales (*)     PS3 Shipments    


2011	       11.0                 14.1 

2010           10.5                 14.4


(*)EU+US+JAP  (Source: Nintendo,NPD,Media Create)

Microsoft Q2

Nintendo Q3


Sony Discusses F3Q11 Results (Seeking Alpha)

CPS Segment
Operating loss was ¥85.7 billion compared to operating income of ¥63.5 billion in last year.

Game Business
Now Game business, sales and operating income decreased year-on-year for the Game business. Although we achieved sales that were basically to our expectation for PlayStation retail which went on sale last year, Game business sales decreased due to the strategic price reduction of the PS3 hardware and decrease in unit sales of PS3 hardware.

Despite an increase in market expenses for network services and impact of the price change of PS3 hardware, we maintain consistent profitability. PS3 hardware unit sales were ¥6.5 million, tying the March 2010 fiscal year for the highest Q3 sales.
TV Business
Sales in the TV business decreased 42% to ¥237 billion. This was due to a shifting of this unit sales expansion to profitability, price declines resulting from deterioration of operating environment and the impact of the flood. During the quarter, LCD TV unit sales decreased 24% to 6 million units.

Excluding restructuring charges and impairment losses, an operating loss of ¥33.5 billion was recorded. During the quarter, we recorded ¥65.5 billion impairment losses including a ¥53.4 billion of shares in LCD. Operating loss including all of these processes was ¥101 billion.
 

JaseC

gave away the keys to the kingdom.
So, the 62m LTD figure puts the PS3 ~4m behind the X360, which is an all-too-familiar ballpark. I don't see, as others had predicted, the PS3 pipping the X360 for second place by the time the next generation arrives (i.e. the tail end of the year).
 

herod

Member
So that puts the PS3 ~4m behind the X360, which is an all-too-familiar ballpark. I don't see, as others had predicted, the PS3 pipping the X360 for second place by the time the next generation arrives.

The PS3 could have a much longer shelf life due to the Blu-ray drive, if there are any significant component cost savings still to be made.

However, in terms of the influence on the gaming market that size of install base brings, the race was over a long time ago. Gaining second place now would be meaningless.
 

kenta

Has no PEINS
Kaz has his work cut out for him, yeesh. Really curious to see how he approaches the company as a whole. Trim dat fat
 

Auto_aim1

MeisaMcCaffrey
Ouch... that's painful.

So, the 62m LTD figure puts the PS3 ~4m behind the X360, which is an all-too-familiar ballpark. I don't see, as others had predicted, the PS3 pipping the X360 for second place by the time the next generation arrives (i.e. the tail end of the year).
Yep, it's not going to catch the 360 this gen. The holidays in the US was the deciding factor, really.
 

subversus

I've done nothing with my life except eat and fap
So, the 62m LTD figure puts the PS3 ~4m behind the X360, which is an all-too-familiar ballpark. I don't see, as others had predicted, the PS3 pipping the X360 for second place by the time the next generation arrives (i.e. the tail end of the year).

What is hilarious is that 360 had 1 year head start and barely beats PS3. So much for being a dominant console in 2, may be three countries.
 
Get used to it. thisisneogafdude

I just think it's petty to come into a discussion and start up console war asininity over a financial report. Leave that fanboy bullshit to the side and let's have an actual discussion like how Sony is on track to hit their goal of 15m PS3s sold by the end of the fiscal year or what will Sony have to restructure to make up some of the losses? There is plenty to talk about.
 

JaseC

gave away the keys to the kingdom.
The PS3 could have a much longer shelf life due to the Blu-ray drive, if there are any significant component cost savings still to be made.

That is true. Aligning the PS3 with the cheaper BD players would be a desirable strategy, if financially feasible.

However, in terms of the influence on the gaming market that size of install base brings, the race was over a long time ago. Gaining second place now would be meaningless.

Of course. I'm not disputing that in the slightest - just making an observation.

What is hilarious is that 360 had 1 year head start and barely beats PS3. So much for being a dominant console in 2, may be three countries.

Yeah, the undeniably generous head start has, as far as sales are concerned, amounted to very little advantage.
 

bobbytkc

ADD New Gen Gamer
I just think it's petty to come into a discussion and start up console war asininity over a financial report. Leave that fanboy bullshit to the side and let's have an actual discussion like how Sony is on track to hit their goal of 15m PS3s sold by the end of the fiscal year or what will Sony have to restructure to make up some of the losses? There is plenty to talk about.

they are going to miss their forecast by a bit, at this rate.
 

Averon

Member
The earthquake and the Thailand floods really did a number on Sony. The sale of the S-LCD venture also cost them quite a lot, but was probably a move that had to be made if they were ever to fix their TV business. Kaz got a lot of work ahead of him. I do not envy his position.
 

Duke Togo

Member
I am going to bed. When I wake up, there will be a succinct summary of why the losses occurred, and how it will be fixed. I'm certain there won't be several pages of mindless bullshit bickering between the link and killzone avatars.
 

DCharlie

And even i am moderately surprised
Ouch.
Everybody hurting.


as per the Nintendo thread, only one factor that doesn't tell anywhere near the full story.

Yeah, the undeniably generous head start - as far as sales are concerned - has amounted to very little advantage.

are you sure? Xbox brand has went from "okay - but" to a serious Playstation level brand in two generations and has helped to push Sony (the previous market leader) down into last place. I don't see how that sort of turn around wasn't in part facilitated by a 1 year head start.
 

Kusagari

Member
What is hilarious is that 360 had 1 year head start and barely beats PS3. So much for being a dominant console in 2, may be three countries.

I think it's pretty impressive for 360 honestly. It's a complete an utter afterthought, or worse, in Japan and many European countries, but still continues to hold off the PS3. If MS can continue to make inroads in Europe next gen, it's pretty foreboding.
 

Card Boy

Banned
I just think it's petty to come into a discussion and start up console war asininity over a financial report. Leave that fanboy bullshit to the side and let's have an actual discussion like how Sony is on track to hit their goal of 15m PS3s sold by the end of the fiscal year or what will Sony have to restructure to make up some of the losses? There is plenty to talk about.

By acknowledging or getting offended by the fanboys your just as bad and are part of the 'console war' as far as i'm concerned.

Become a fulltime PC gamer and belive me console war comments meaning nothing. I own a PS3 only and am a PC gamer, i couldn't give a sweaty toss if Sony went under tommorow.
 
I just think it's petty to come into a discussion and start up console war asininity over a financial report. Leave that fanboy bullshit to the side and let's have an actual discussion like how Sony is on track to hit their goal of 15m PS3s sold by the end of the fiscal year or what will Sony have to restructure to make up some of the losses? There is plenty to talk about.

You are derailing this thread more than the people you are complaining about.
 

SapientWolf

Trucker Sexologist
Can we have actual discussion instead of this?
It's like watching a gif of someone faceplant into a cactus that cycles every quarter.

They need a home console SKU that's less than $200 and they need to stop throwing money down a hole with portables. 3D HDTVs were a bad bet and the strong yen isn't helping much either.
 

herod

Member
are you sure? Xbox brand has went from "okay - but" to a serious Playstation level brand in two generations and has helped to push Sony (the previous market leader) down into last place. I don't see how that sort of turn around wasn't in part facilitated by a 1 year head start.

I was about to say this. The Playstation brand contracted massively between 2006-2008 while they tried to clean up the mess left by Kuturagi's failed PS3 design.
 

Gen X

Trust no one. Eat steaks.
Yeah, the undeniably generous head start has, as far as sales are concerned, amounted to very little advantage.

I think the most important view from MS perspective is that this generation they have more of the slice of pie. Look at the install base of PS2 vs Xbox at the end of 2005 and PS2 had just over a year head start. Now look at how many people have 360s and PS3s. =)
 

threenote

Banned
I'm surprised Sony isn't bankrupt. They need to streamline their company fast. They make too many products and have too much variety.
 

JaseC

gave away the keys to the kingdom.
are you sure? Xbox brand has went from "okay - but" to a serious Playstation level brand in two generations and has helped to push Sony (the previous market leader) down into last place. I don't see how that sort of turn around wasn't in part facilitated by a 1 year head start.

I specifically referred to sales, not brand recognition/perception. I was actually just about to edit my post with a comment stating that the head start no doubt played a key role in the Xbox supplanting PlayStation as the de facto home console brand in some western markets - most notably the US. (Now I needn't, as this post makes that point clear.)

Looks at Previous gens numbers of PS2 vs Xbox.

*Strokes beard* Damage control?

Making an observation is not "damage control" and I don't like the implication therein that I'm a "fanboy".

I think the most important view from MS perspective is that this generation they have more of the slice of pie. Look at the install base of PS2 vs Xbox at the end of 2005 and PS2 had just over a year head start. Now look at how many people have 360s and PS3s. =)

Yes, perhaps it wasn't about "winning" per se, but further establishing the Xbox brand. To that end, Microsoft have had a successful generation, even with the Wii far out in front and the PS3 long nipping at the heels of the X360.
 
I really have nothing of value to contribute, so I apologize, but damn Sony... that's rough. I've never been a huge fan of the PS3 or PSP, but I sure as hell do not want them to fail. Get your game together Sony.
 

Auto_aim1

MeisaMcCaffrey
How is this even possible? Is there any reasoning behind such a large loss?
Yep, $800 million loss was from the sale of shares from the S-LCD venture to Samsung. I think they blamed the floods in Thailand and the strong Yen, which appreciated by 10%. I haven't read the PDF properly yet though.
 
Holy SHIT at the expected Q1-4 loss.
It's down from the 90bn yen forecast in the last report to a massive 220bn.

That's $2,9 billion in expected losses for FY 2011.

Also, they aren't yet sure how much potensial loss the Ericsson buy out still has in it, and since they take over that part of the mobile company in february we won't know until april.
 

kenta

Has no PEINS
Kaz got a lot of work ahead of him. I do not envy his position.
Weirdly enough, I do kind of envy his position. I'd love to have every Sony product from every Sony category laid out in front of me along with a full financial report/forecast on each section and figure out what goes and what stays. Bloggy? Really? Nuke that crap
 

herod

Member
That's an awfully lot of money.

Hypothetically, if Vita fails - is a financial disaster for Sony, how unlikely for Sony to continue with PS4?

It would probably only dictate the type of product to come out. They still have huge mindshare, which is money in the bank with the right kind of product.
 

Angry Grimace

Two cannibals are eating a clown. One turns to the other and says "does something taste funny to you?"
That's an awfully lot of money.

Hypothetically, if Vita fails - is a financial disaster for Sony, how unlikely for Sony to continue with PS4?

It depends if you believe that loss is entirely based on the Playstation division or not. Most of its other divisions are money pits.
 

Kusagari

Member
That's an awfully lot of money.

Hypothetically, if Vita fails - is a financial disaster for Sony, how unlikely for Sony to continue with PS4?

Not likely. However, the Vita's failure would likely make them try to make the PS4 profitable from day one. Also it would definitely end their foray into portable gaming.
 
That's an awfully lot of money.

Hypothetically, if Vita fails - is a financial disaster for Sony, how unlikely for Sony to continue with PS4?

The PS4 is coming irregardless of whether the Vita fails or not. However, if the PS4 is underwhelming as well, Sony could well be out of the hardware business altogether at the end of the next generation. Scary thought, eh?
 
Top Bottom