Sony's Financial Earnings

Today, Sony announced its earnings for the fiscal year ending March 31, 2011. As expected there are a steep increase in loss compared to last year's losses.

Earnings for Fiscal Year ended in March 31, 2011:
Loss : ¥259.6 billion ($3.17 billion)
Revenue : ¥7.18 trillion ($87.78 billion)

Last year's earnings:
Loss : ¥40.8 billion ($498.59 million)
Revenue : ¥7.21 trillion ($88.11 billion)

Biggest lose is not from the PSN Hacking, but from charges related to deferred tax assets in Japan, which costs them ¥360 billion ($4.4 billion).

The Effect of the Japan Earthquake is down in sales in every division except the Consumer, Professional & Devices segment, which handles HDTVs and other electronics, and the Networked Products & Services division, which encapsulates Sony Computer Entertainment.

Data for the Network Products & Services division:
Operationg Income : ¥35.6 billion ($434.23 million)
Total Revenue : ¥1.57 trillion ($19.15 billion)

Last years Operating Income : -¥83.3 billion (-$1.01 billion)

One of the reasons cited for the great increase in the operating income is the lowered production costs of the PlayStation 3.

Items	Sales for the year(millions)	Last Years Sales(millions)
PS3	14.3 million	13
PSP	8 million	9.9
PS2	6.4 million	7.3
PS3 Games	147.9 million	115.6
PSP Games	46.6 million	44.4
PS2 Games	16.4 million	35.7

It's kind of amazing how the PS2 still sells so much despite of it being obsolete. In fact, I'd never expect PSP and PS2 sales to be that close. only 1.6 million in difference. ( But the games were a whole other matter altogether I see, PS2 game sales doesn't even come close to PSP's )

On another note, it's only 5 days till the full resurrection of the PSN! ( But there's still the possibility that the outage will continue for a couple of days in June )

Source : Gamespot