You can see full financials here, but I wouldn’t bother. The only interesting bits are overall company revenue dropped, year over year, from 2072.3 billion yen to 1661.2 while profit dropped from +11.0 billion yen to -32.6 billion yen.
There are some interesting game hardware/software breakdown numbers. I left these in fiscal quarters, so add one quarter to get the corresponding calendar quarter:
|Platform||2008 Q1||2008 Q2||2008 Q3||2008 Q4||2008 Total||2009 Q1||2009 Q2||2009 Forecast|
Beyond that their entire report sounds like a big long excuse. They blame everything on their older products, “revenues/profits are down because PS2 is slowing down as expected”. The unfavorable change in exchange rate is a very valid point, but I’m tired of hearing their financial statements moan about it every quarter.
And why did they move PlayStation products out of their own “Game” reporting category and into “Networked Products and Services” along with VAIO PCs which really have nothing to do with each other. Are theytrying to obfuscate their performance?
Written by: Darrin
- Contributing Editor