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Sony's PSP falling farther and farther behind photo

Pocket Gamer has a story up about Sony's recent financial reports and the news looks grim for their tiny, black portable. Here's a quick quote to illustrate the mound of excrement piling up around the future of the PSP;

In the three months ending December 31st – the critical period that included the run up to Christmas – Sony shipped a mere 1.76 million PSPs worldwide, compared to 6.22 million in the same period in 2005. That's a staggering fall of 72 per cent.

Total PSP hardware shipments in the three quarters so far recorded for this financial year total 7.67 million units. The company is now forecasting total PSP hardware shipments of 9 million for this financial year – a huge plunge from the 14.06 million it shipped in financial year '05, and from its prediction last April of shipping 12 million units, too.

Of course, these are shipment numbers, as opposed to sales numbers, but since that includes systems still sitting on shelves, you can imagine that Sony's boardroom is filled with fire and brimstone as of late.

Hit the jump for even more bad news. 

"PSP sales declined due to a decrease in unit sales compared with the same quarter in the previous financial year," is how the snappily titled Consolidated Financial Reports for the Third Quarter puts it.

The territory breakdown (an appropriate word here, sadly) makes particularly grim reading for PSP's US fans.

PSP shipments for Q3 in Japan were 0.9 million (compared to 1.4 million in the same period in 2005), Europe took 0.9 million (compared to 3.2 million in 2005), but the real stinker was America.

Previously swallowing up almost 1.7 million PSPs in Q3 2005, the run up to Christmas 2006 saw Sony ship a mere 100,000 PSPs to the territory.

For those of you allergic to indented text, basically, Sony shipped less than a million units in both Europe and Japan and in the US they shipped only 100,000. By comparison, I found 100,000 Nintendo DS systems sitting in my closet earlier this morning.

Does this spell the end for Sony's little guy? Not exactly, but when you consider the fact that the finest games for the system came out over the last couple months and it still only managed to sell as well as a leprosy covered T-shirt with dragons printed on it, things certainly don't look so hot for Sony. 








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40 comments | showing # 1 to 40
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Malfious's Avatar - Comment posted on 01/31/2007 19:15
Malfious
Poor Sony. This is a company that slammed into the limelight of gaming, broke the back of Sega, and created a new style of online gaming, the MMO (everquest). Now look at you ugly bitches. Your PS3 is a joke, and the PSP is more of a failure then current presidential administration.
Matthew Mac's Avatar - Comment posted on 01/31/2007 19:16
Matthew Mac
Well, they're trying. Did anyone see the new House episode where he was playing a PSP waiting for a patient to wake up? But Sony sucks at product placement, since you could barely see it and there was no game. Anyway...
Jecrell's Avatar - Comment posted on 01/31/2007 19:18
Jecrell
Clearly those Sony salesmen people underestimated your Nintendo DS Printing Closet(TM) sales.
Magesx's Avatar - Comment posted on 01/31/2007 19:20
Magesx
Ehh, as long as they get R&C out, I couldnt care less about sales.
Serpentish's Avatar - Comment posted on 01/31/2007 19:21
Serpentish
I feel like Sony should just bail out of the game hardware biz quick or pull a fast one and amaze everyone. Their name is just continually being tarnished by horrible decisions and lackluster sales.
B3RS3RK's Avatar - Comment posted on 01/31/2007 19:24
B3RS3RK
Sega beat them too it with PSO also..
wario67's Avatar - Comment posted on 01/31/2007 19:25
wario67
Matthew Mac,
it been seen in house in early eps. too...

also seen in ER ( I think?)

and I have seen it in that movie Inside Man (but - points for the pointless horrible made up video game that showed gezz.)

god I'm so tempted to sell my psp to blockbuster for $90
wario67's Avatar - Comment posted on 01/31/2007 19:26
wario67
they^ now^
SP420's Avatar - Comment posted on 01/31/2007 19:27
SP420
sux2bu, Sony.
Joseph's Avatar - Comment posted on 01/31/2007 19:29
Joseph
Well the real question to raise are sales of 1.7 million units sufficent to make a profit. Sony already shipped quite a number of PSP. While nowhere near as popular as the DS, Sony could still be turning a profit.

You also have to wonder the last christmas shipped figures were over inflated like the Xbox360 sales were this Christmas. Sony was trying harder to best Nintendo at that point.


If they are still turning a profit how ever small then I doubt that they will care. If it's turning a loss, somthing I doubt at this point in the PSP lifecycle, I doubt that sony will keep 2 money losing Playstation brands.
Serpentish's Avatar - Comment posted on 01/31/2007 19:38
Serpentish
The thing is that manufacturing really isn't a stop and go process. They're most likely wasting resources that cancel out a good chuck of any return they're getting by producing units without adequate demand. If they're going to start shutting down plants they have to make those decisions ahead of time.
Skallah's Avatar - Comment posted on 01/31/2007 20:15
Skallah
Great Nirvana reference, Nex!
Aetsen's Avatar - Comment posted on 01/31/2007 20:27
Aetsen
The PSP needs a revival a la Ngage DS GBA.
wario67's Avatar - Comment posted on 01/31/2007 20:38
wario67
you know crash is keeping me from selling it grrr
wario67's Avatar - Comment posted on 01/31/2007 20:41
wario67
crush
Ballistic90's Avatar - Comment posted on 01/31/2007 20:47
Ballistic90
Ultima Online came out before Everquest.
twesterm's Avatar - Comment posted on 01/31/2007 20:48
twesterm
"Well, they're trying. Did anyone see the new House episode where he was playing a PSP waiting for a patient to wake up?"

If you actually watch the series rather than just having seen one random episode, he plays the GBA and DS much more often.
Ignignokt01's Avatar - Comment posted on 01/31/2007 20:59
Ignignokt01
Drop the price to 100-150 bucks and I'd probably pick one up for MGS and the homebrew.
Topher Cantler's Avatar - Comment posted on 01/31/2007 21:00
Topher Cantler
"By comparison, I found 100,000 Nintendo DS systems sitting in my closet earlier this morning."

Dude, you could make the raddest igloo EVER!
RevivedDemon's Avatar - Comment posted on 01/31/2007 21:29
RevivedDemon
Well, I already sold my PSP. However, now I'm starting to envy that new PSX emulator. Damnit Sony, just kill off the PSP already, and make a cheaper PSP Lite thats close to the price range of the DS Lite. Then I wont feel so bad about getting one only for homebrew and emulation.
ManSpirit's Avatar - Comment posted on 01/31/2007 21:39
ManSpirit
I this what Sony meant be bringing handheld gaming out of the gutter.
I don't usually feel good for failures like this as I really could care less about names or brands,but after all the vitriolic spew that I had to endure by supporting the DS and having the nerve to say the PSP might not be a practical handheld solution,it feels a little good.
Blaine's Avatar - Comment posted on 01/31/2007 22:09
Blaine
All I want for xmas is a P.S.P.

Werd.
brad drac's Avatar - Comment posted on 01/31/2007 22:30
brad drac
-> Revived: Just in case you don't know, if a PSP lite is released, homebrew and emulation will almost definately not work on it. As it is, a PSP's firmware must be downgraded to 1.5 or lower in order to run unmarked code. I doubt sony would leave this option open by using the same firmware for the next model. On the plus side, downgradeable PSP bulks will probably be cheaper then...
GatsuTheBerserker's Avatar - Comment posted on 01/31/2007 23:11
GatsuTheBerserker
The best choice for Sony right now is to fire the financial guys of the company who are setting these prices at such bullshit highs so they can chip off the $$$ and actually get some sales. I mean jesus, a PSP being as much as a PS2 back in the day is just stupid. And then the whole 600$ on the PS3. Are they trying to fuck themselves over?
apc_35's Avatar - Comment posted on 02/01/2007 01:19
apc_35
looks like sony's gaming department will go the way of sega. this will probably be the last home console and portable they will do.
AndyCat's Avatar - Comment posted on 02/01/2007 02:11
AndyCat
I still heart my psp!
Kalakaua's Avatar - Comment posted on 02/01/2007 02:22
Kalakaua
Just for clarity, EverQuest was made by Sony and started out as a Sony developed project. Verant was a break off from 989 Studios which was Sony's development/publishing label back then. Verant then got bought out by Sony and was absorbed into Sony Online Entertainment.

That's why in the original EQ box it had a 989 studios label and then the expansions had a Verant Interactive label which on later expansions became a SOE label.

and @apc_35:
that's just stupid. It's not the last system they'll ever make. Even if it tanks beyond anyone's wildest dreams, a new one would still come out. They invested way to much to pull out.
Static X's Avatar - Comment posted on 02/01/2007 03:32
Static X
There are only two reasons to get a PSP.
1. Homebrew
2. Big Trouble In Little China
Demios's Avatar - Comment posted on 02/01/2007 05:37
Demios
Does this mean there going to make the minus umd/hard drive model now? Im still holding out for that fucker...Homebrew baby.
Aaron Mxy Yost's Avatar - Comment posted on 02/01/2007 08:09
Aaron Mxy Yost
Poor emo PSP.
Snaileb 's Avatar - Comment posted on 02/01/2007 09:16
Snaileb
....what's a emo psp game? I dont have one anymore. Wii>PSP
FiXXXerX's Avatar - Comment posted on 02/01/2007 09:57
FiXXXerX
I got to pick up a PSP the other day for $150 with 5games 2movies and a 1gig card... I really couldn't be happier, it plays my downloaded vidz like a champ and it has a couple good games, overall, I'm very happy with my purchase.

That being said, I'm almost a warrior against Sony. I've had to hide the damn thing to stop myself from being labeled a hypocrite, hehe. And I do own a DS Lite (Signed by Gabe and Tycho w00t!!!1!1)

Love um both so far!
Aaron Mxy Yost's Avatar - Comment posted on 02/01/2007 10:38
Aaron Mxy Yost
@FiXXXerX:

Damn, that's a great deal. I'd pick that package up in a heartbeat.
daCuk's Avatar - Comment posted on 02/01/2007 11:10
daCuk
PSP firmware 3.03 Open Edition = Instant PSP buy!
This is the main reason to have a PSP now.
Tim_Stoppard's Avatar - Comment posted on 02/02/2007 14:08
Tim_Stoppard
Just my two cents. One one hand, I care not for unit sales, as I love my little black box, but unfortunately, no sales means presumably no more development.
I dunno, I love my DS too, but the DS games seem to be the things I play for a short period of time (and enjoy throughly), but then never play again. (Except Advanced Wars, my personal reason to buy a DS)
Psp, while lacking the volume of titles, includes games that I continue to play to this day. Tony Hawk, Wipeout, Lumines... all launch games, all still awesome.
twilightquest's Avatar - Comment posted on 02/02/2007 17:07
twilightquest
The poor, poor PSP. I've noticed that like no movies come out for it anmore, and all of the games suck and/or have horrid graphics.
JonDarkwood's Avatar - Comment posted on 02/03/2007 00:29
JonDarkwood
I can't wait, years down the road, for support for this system to end. I'd like to pick one up for cheap just to tinker with. :)
Pilgrim's Avatar - Comment posted on 02/03/2007 08:23
Pilgrim
I regret so much buying a psp, like my friends told me too...

I knew the DS would be better...

argh!
ScarCeLLe13's Avatar - Comment posted on 02/04/2007 20:50
ScarCeLLe13
they should have a update to have a friends list like the ps3

always on internet would be rele cool 2
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