It's a bit much to go over the

, so here are the results from the Game sector:

In summary, overall profits for Sony's Game division are down compared to Q1 2005, despite an increase in software distribution for the PSP. One of the likeliest factors is the lackluster post-March release list for both of Sony's current platforms. Neither system received any truly major titles by the end of June, making the market ripe for sales of Nintendo's DS Lite.

Profits (at least for Sony's existing hardware) are obviously expected to increase as the fiscal year marches on and we enter the holiday season. Though the video games division of the company is seeing losses, Sony posted an overall net profit of $278 million – a definitive increase over last year. Credit goes to factory closures and strong sales of the Bravia line of televisions as well as Cyber-shot digital cameras.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments