Game database:   #ABCDEFGHIJKLMNOPQRSTUVWXYZ         ALL     Xbox One     PS4     360     PS3     WiiU     Wii     PC     3DS     DS     PS Vita     PSP     iOS     Android


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.







japan

12:30 PM on 02.26.2015
Namco teases new Vita RPG Ray Gigant from Demon Gaze dev

Demon Gaze developer Experience has been busy on the Vita since with Operation Abyss: New Tokyo Legacy (and its upcoming sequel in Japan), but there are no shortages of dungeons to crawl or publishers to team with, so Bandai...more



3:30 PM on 02.25.2015
Majora's Mask bumped by God Eater from atop Japanese sales charts

It wasn't a long reign -- just one week, in fact -- but it was a good one. Majora's Mask 3D has to settle for second place on the Japanese sales charts. God Eater 2: Rage Burst is the new ruler. In its second w...more



10:00 PM on 02.24.2015
Cool Mario Kart 8 soundtrack, Club Nintendo Japan

Club Nintendo Japan has added some new rewards including a two-disc CD soundtrack for Mario Kart 8, a Majora's Mask jigsaw puzzle, and a lil Blooper shirt. You can squeeze into it, if you want. There's also a tentative listin...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