Sony said Thursday that quarterly operating losses for its games unit had more than doubled, but that it hoped the division would break even or better in the second half of the financial year.

During the quarter Sony sold 1.31 million PlayStation 3s and 10.3 million PS3 software units globally. The ageing PS2 notched up 3.28 million sales and 38 million game sales, while the company also shifted 2.58 million units of its handheld PSP console and 12.6 million games for the system.
The company feels it is still on track to sell 11 million PlayStation 3s during the current financial year.

The games division losses weren't enough to stop Sony posting a quarterly operating profit across its full business however. Overall Sony's quarterly operating profit reached 90.5 billion yen, compared to a loss of 20.83 billion during the same period last year. Growth was largely driven by strong LCD TV, camera and camcorder sales.

VIA: Next-Gen

Shhhhhhh.........SOny needs 2 work hard on PS3 Sales

they went about the ps3 all wrong, and its kicking them in the ass now

Amen.

I'm a fan of all systems, Sony a little less then Nintendo and Microsoft, but it pains me to see them suffering so badly. I love my PSP and I'm sure the PS3 is amazing, but something happened to them.

I am disappointed but I know Sony will pull out of this. I am so sick of the PS3 bashing all over the net.

ps3`s only real downfall is the price

the only thing stopping me from getting one is the price maybe they will go down again

Wrong. Wrong and even more wrong. This is common knowledge that they are and would be operating at a loss during the first few years of the ps3. It COSTS them more than what they sell it for. Same with the 360.

A for all you whiners, the 360 still doesnt even turn a profit for MS. They only profit off the games.