Diary Entry

Sony profits soar despite PS3 losses — PS2 hot as ever

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Sony is reporting that its overall net profits more than doubled during the past quarter, bolstered by the success of films such as Spider-Man 3, and snappy sales of its traditional electronics. Things in the company’s PS3 camp, however, still looked a little bleaker than the Japanese giant had probably hoped for. Losses for the game system rose from 26.8 billion yen to 29.2 billion yen, with 710,000 units sold worldwide — not real impressive when compared to competitor Nintendo’s Wii sales of 3.43 million. In a somewhat ironic aside, Nielsen GamePlay Metrics, a division of Nielsen Co. which tracks video game activity, says that the most played game system last month was Sony’s seven-year-old PS2. The report shows the aging system leading other consoles with 42 percent of use, followed by the original Xbox at 17 percent, and Xbox 360 at 8 percent. The Wii and PS3 fall at 4 and 1.5 percent, respectively. Should be food for thought for everyone at Sony who doesn’t think backwards compatibility is a big deal.

Read — Sony net profit doubles despite PS3 losses
Read — PS2 most-played console in June

 

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