Quantcast
Sony expects losses to total $1.3 billion now - Destructoid

DestructoidJapanatorTomopopFlixist



Sony expects losses to total $1.3 billion now


9:30 AM on 05.01.2014
Sony expects losses to total $1.3 billion now photo



The PlayStation division is doing fine, and the PS4 is selling like hotcakes topped with freshly sliced bananas and hot fudge. But that won't necessarily save the massive Japanese electronics company's bottom line. They have changed their forecast for the fiscal year, taking the projected loss up from $1.07 billion to almost $1.3 billion -- a $200 million difference.

Sony sold off their entire PC division recently and laid off about 5,000 workers, so that didn't help. They blame lower than expected PC sales for the end of the year as well.  Even against their predicted 14 percent increase in sales over last year, it's not looking good. 

Sony has been trying to make up some cash. They recently sold off their Square Enix shares, and before that they sold off their New York and Tokyo headquarters buildings. 

Hang in there, Sony. If it makes you feel better, know that I'm supporting the hell out of your camera and games divisions. 

Sony downgrades forecasts as it dumps PC business [Gamasutra]






Comments not appearing? Anti-virus apps like Avast or some browser extensions can cause this.
Easy fix: Add   [*].disqus.com   to your software's white list. Tada! Happy comments time again.

Did you know? You can now get daily or weekly email notifications when humans reply to your comments.








Win your choice of console from Destructoid! in Destructoid's Hangs on LockerDome

japan

4:00 PM on 08.18.2014
Humanoid Fleece, Humanoid Sleeping Bag, Lonely Tent coming to Tokyo Game Show

Get a load of the wares that BE-S Co. Ltd. plans to show at Tokyo Game Show 2014 next month. The novelty gaming accessories company has three products to show and sell at TGS, and I'm sure I want them all. First, the Humanoid...more



8:00 AM on 08.16.2014
Touhou 14 now available via Playism Japan

Touhou Kishinjou: Double Dealing Character is now available for Windows PC via Playism Japan. Initially released last summer at Comiket 84, Double Dealing Character is the fourteenth official entry in the Touhou Project,...more



7:30 PM on 08.15.2014
[NSFW] Bullet Girls shows off additional naughty screens and a bonus scenario

Not long ago I told you about Bullet Girls, an innuendo-ridden title from D3 Publisher and Shade with some absolutely scandalous screens. And now I've got more. I mean, they're pretty tame by my standards, but hey -- got...more



View all japan






Back to Top




All content is yours to recycle through our Creative Commons License permitting non-commercial sharing requiring attribution. Our communities are obsessed with videoGames, movies, anime, and toys.

Living the dream since March 16, 2006

Advertising on destructoid is available: Please contact them to learn more